{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares \u20ac Floating Rate Bond Advanced UCITS ETF EUR (Dist)",
    "investment_objective": "To track the Bloomberg MSCI EUR FRN Corporate 3% Issuer Cap Bond Sustainable SRI Index by investing primarily in Euro denominated, investment grade, floating rate corporate bonds with ESG criteria.",
    "primary_asset_class": "Fixed Income (Floating Rate Corporate Bonds)",
    "geographic_focus": "Eurozone / Euro denominated 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 fixed income ETF that physically invests in a diversified portfolio of Euro denominated, investment grade floating rate corporate bonds screened for ESG criteria. The KIID and PRIIPs KID explicitly state the use of physical replication with sampled securities and no synthetic replication or swap agreements mentioned. The Fund may use financial derivative instruments (FDIs) only for direct investment purposes or risk management, but this is not an inherent element of the investment strategy, so derivatives are marked false. There is no leverage, inverse or amplified exposure. The risk rating is low (2 out of 7), indicating a low risk profile consistent with a straightforward bond ETF. Counterparty risk is disclosed as a standard risk related to safekeeping and derivative counterparties but no significant counterparty exposure or funded/unfunded swap structures are described. The charges are simple with a low ongoing charge of 0.10%, no performance fees, and no complex fee structures. The underlying assets are liquid, investment grade bonds without complex structured products or contingent convertible bonds. The index tracked is a standard ESG screened floating rate bond index without complex derivatives or structured features. The monthly factsheet confirms physical sampling methodology and no use of swaps or synthetic replication. No capital protection or structured features are present. No PRIIPs comprehension warnings or complexity flags are noted. Overall, the ETF exhibits a clear, linear relationship to the underlying bond index performance with minimal derivative use and no leverage, making it non-complex under MiFID II criteria."
}