{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers II Eurozone Government Bond 1-3 UCITS ETF is a UCITS-compliant ETF that physically replicates the Markit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 Index by direct purchase of underlying government bonds with maturities between 1 and 3 years. The fund does not use synthetic replication or swap agreements; there is no mention of funded or unfunded swaps or counterparty exposure. Derivatives are only used, if at all, for risk management purposes, not as an inherent part of the investment strategy. There is no leverage, inverse or amplified exposure. The underlying assets are investment grade Eurozone government bonds, which are liquid and transparent. There are no capital protection or structured features. The risk profile is low (risk level 2 out of 7), consistent with a straightforward bond index tracking fund. Costs are simple, with a low ongoing charge and no performance fees or complex fee structures. Securities lending is minimal and disclosed transparently. The factsheet confirms direct physical replication and no use of swaps. The PRIIPs KID does not carry any comprehension warnings or complexity flags. Overall, the fund exhibits none of the complexity indicators under MiFID II and is therefore classified as non-complex."
}