{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares Core \u20ac Corp Bond UCITS ETF EUR (Acc)",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant exchange-traded fund that aims to track the Bloomberg Euro Corporate Bond Index by investing primarily in euro-denominated investment grade corporate bonds. The fund uses physical replication with optimising techniques, including representative sampling of the index, and may use financial derivative instruments (FDIs) only for direct investment purposes or risk management, but no synthetic replication or swap agreements are mentioned. There is no leverage, inverse or amplified exposure. The risk indicator is low (3 out of 7 in KIID, 2 out of 7 in PRIIPs KID), consistent with a straightforward fixed income product. The fund invests directly in liquid, transparent fixed income securities with no capital protection or structured features. Counterparty risk disclosures relate to normal custody and operational risks, not to synthetic or swap-based structures. Costs are simple with a TER of 0.20%, no performance fees, and no swap or derivative fees. The monthly factsheet confirms physical replication, no use of swaps, and a diversified portfolio of over 3,800 bonds. There are no references to complex underlying assets such as contingent convertible bonds or CLOs. The fund engages in securities lending with revenue sharing but this does not increase complexity. Overall, the fund exhibits none of the MiFID II complexity triggers such as synthetic replication, leverage, complex derivatives, or capital protection mechanisms. Therefore, it is classified as non-complex."
}