{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Invesco USD IG Corporate Bond ESG UCITS ETF",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Invesco USD IG Corporate Bond ESG UCITS ETF is a passively managed UCITS-compliant ETF that physically replicates the Bloomberg MSCI USD Liquid Corporate ESG Weighted SRI Bond Index using a sampling technique. There is no indication of synthetic replication, swap agreements, or derivative instruments used as part of the investment strategy. Derivatives may be used only for risk management or cost reduction purposes, which does not trigger complexity under MiFID II. The fund does not employ leverage, inverse or amplified exposure. The underlying assets are investment grade corporate bonds, which are liquid and transparent fixed income securities without complex structured features or contingent capital instruments. The risk profile is moderate (risk category 4 out of 7), consistent with investment grade bond exposure, and there are no capital protection or structured return features. Costs are straightforward with a single ongoing charge of 0.10%, no performance fees, and no swap or derivative fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. The monthly factsheet confirms physical replication, no synthetic or swap usage, and a straightforward index tracking approach. Therefore, the ETF does not meet the MiFID II criteria for a complex financial instrument."
}