{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Tabula EUR IG Bond Paris-aligned Climate UCITS ETF (EUR) - Accumulating",
    "investment_objective": "Track the Solactive ISS Paris Aligned Select Euro Corporate Bond Index, focusing on EUR denominated investment grade fixed rate corporate bonds aligned with EU Paris-aligned benchmark criteria.",
    "primary_asset_class": "Bond",
    "geographic_focus": "Eurozone / Europe",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "Sampling strategy, ESG screening, Counterparty risk",
    "classification": "non-complex",
    "supporting_data": "The ETF uses a physical replication method investing directly in a portfolio of EUR denominated investment grade corporate bonds that reflect the index composition as far as practicable. The fund employs a sampling strategy but does not use synthetic replication or swap agreements. Derivative use is limited and only for direct investment purposes, not as an inherent part of the strategy, thus derivatives are considered false for complexity. There is no leverage or inverse exposure. The risk profile is moderate to low (risk category 2-3), with no capital protection or structured features. Counterparty risk is disclosed but relates to operational aspects such as safekeeping, not to synthetic replication. Costs are straightforward with a low ongoing charge (0.19%) and no performance fees or swap fees. The PRIIPs KID includes a comprehension warning but this is standard for bond ETFs with ESG criteria and does not indicate synthetic or leveraged complexity. The underlying assets are investment grade corporate bonds, liquid and transparent, with no complex structured products or contingent convertible bonds. The sampling strategy and ESG screening add some complexity but do not elevate the fund to MiFID II complex status. Therefore, the ETF is classified as non-complex under MiFID II."
}