{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The Invesco US Treasury Bond 10+ Year UCITS ETF aims to track the Bloomberg US Long Treasury Index using a physical replication method with sampling techniques. There is no mention of synthetic replication, swap agreements, or derivative instruments used as part of the investment strategy. The fund invests directly in US Treasury bonds with maturities over 10 years, all investment grade and liquid. The risk profile is medium (4 out of 7), consistent with a bond fund exposed to interest rate risk but no leverage or inverse exposure. The PRIIPs KID confirms derivatives may be used only for risk management or cost reduction, not as an inherent part of the strategy, so derivatives are marked false. The factsheet confirms physical replication, no leverage, no synthetic structures, and no complex underlying assets such as contingent convertible bonds or CLOs. The fund is UCITS compliant, with a low ongoing charge (0.06%) and no performance fees or complex fee structures. There are no capital protection or structured features. The risk disclosures do not indicate significant counterparty risk or complexity. Overall, the fund is straightforward, physically replicating a transparent, liquid US Treasury bond index, with no leverage or synthetic elements, thus classified as non-complex under MiFID II."
}