{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares Global Inflation Linked Govt Bond EUR Hedged (Dist) Share Class",
    "investment_objective": "To track the Bloomberg Barclays World Government Inflation-Linked Bond Index by investing primarily in inflation-linked government bonds.",
    "primary_asset_class": "Bond",
    "geographic_focus": "Global developed markets government inflation-linked bonds",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant physical replication ETF investing directly in inflation-linked government bonds. The KIID and PRIIPs KID confirm the use of physical securities with sampled methodology, not synthetic replication. The Fund uses financial derivative instruments (FDIs) only for currency hedging purposes (FX forwards), which is considered risk management rather than inherent strategy, so derivatives are marked false. There is no mention of swap agreements, total return swaps, or counterparty exposure related to synthetic replication. The Fund does not employ leverage, inverse or amplified returns. The risk indicator is moderate (level 3-4), consistent with bond market risk but not indicative of complexity. The fact sheet confirms physical product structure, no leverage, no complex underlying assets such as contingent convertible bonds or CLOs. Securities lending is used but revenue sharing does not increase costs or complexity. No capital protection or structured features are present. The Fund tracks a straightforward inflation-linked government bond index, with no complex or contingent return formulas. Overall, the ETF exhibits a clear, linear relationship to underlying performance with minimal derivative exposure limited to currency hedging. Therefore, under MiFID II, this ETF is classified as non-complex."
}