{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The Invesco Euro Government Bond UCITS ETF aims to track the Bloomberg Euro Treasury Majors Bond Index using a physical replication method with sampling techniques. The fund invests directly in EUR-denominated, fixed-rate government bonds rated investment grade, with no indication of synthetic replication or use of swap agreements. The fund does not employ leverage or inverse strategies, and derivative instruments are only used potentially for risk management, not as a core part of the investment strategy. The risk profile is moderate-low (risk category 3-4), consistent with a straightforward bond index tracking ETF. There are no capital protection features, no contingent or structured products, and no significant counterparty risk disclosed. Costs are simple with a low ongoing charge (0.07%) and no performance fees. Securities lending is disclosed but is a common practice and does not add complexity under MiFID II. The PRIIPs KID confirms no complexity warnings or comprehension alerts. The monthly factsheet confirms physical replication, no synthetic or swap usage, and holdings are primarily liquid government bonds. Therefore, the ETF is classified as non-complex under MiFID II."
}