{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers II EUR Corporate Bond UCITS ETF",
    "investment_objective": "To replicate the performance of the Bloomberg Euro Corporate Bond Index",
    "primary_asset_class": "bond",
    "geographic_focus": "Eurozone / EUR denominated corporate 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 bond ETF that physically replicates the Bloomberg Euro Corporate Bond Index by direct purchase of underlying securities. The fund uses derivatives only for risk management purposes, not as an inherent part of the investment strategy, and there is no indication of synthetic replication or swap usage. The fund does not employ leverage or inverse strategies. The underlying assets are investment grade EUR-denominated corporate bonds, which are liquid and transparent. The risk profile is moderate (category 4 in KIID, low risk 2/7 in PRIIPs), consistent with a straightforward bond ETF. Costs are simple with a low ongoing charge (0.12%) and no performance fees. Securities lending is minimal and disclosed. There are no capital protection or structured features. The index tracked is a broad, rules-based investment grade corporate bond index with no complex contingent bonds or structured products. No complexity flags such as contingent convertible bonds, leverage, or significant counterparty risk are present. The PRIIPs KID does not include any comprehension warnings. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}