{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Invesco US Treasury Bond 1-3 Year UCITS ETF",
    "investment_objective": "To track the total return performance of the Bloomberg US Treasury 1-3 Year Index, less fees, expenses and transaction costs",
    "primary_asset_class": "bond",
    "geographic_focus": "United States",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the Bloomberg US Treasury 1-3 Year Index using a sampling technique, holding a subset of the underlying US Treasury bonds. There is no mention of synthetic replication, swap agreements, or total return swaps in the KIID, PRIIPs KID, or factsheet. The fund does not employ leverage or inverse strategies. Derivatives may be used only for risk management or cost reduction purposes, not as an inherent part of the investment strategy. The underlying assets are highly liquid, investment grade US Treasury bonds with short maturities (1-3 years). The risk profile is low (risk category 2 out of 7), consistent with a straightforward bond index tracking fund. No capital protection or structured features are present. Costs are simple, with a low ongoing charge of 0.06% and no performance fees. Securities lending is used but is a common practice and does not add complexity. The PRIIPs KID does not include any comprehension warnings or complexity flags. The factsheet confirms physical replication and no significant derivative or swap usage. Overall, the fund exhibits characteristics of a non-complex ETF under MiFID II criteria."
}