{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers II ESG Global Aggregate Bond UCITS ETF 4C - CHF Hedged",
    "investment_objective": "To reflect the performance of the Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral Index while minimizing foreign currency fluctuations at share class level.",
    "primary_asset_class": "Bond",
    "geographic_focus": "Global (Developed and Emerging Markets)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral Index by directly purchasing a portfolio of bonds that comprise the index or other eligible assets. The fund uses derivatives only for currency hedging purposes to reduce the effect of exchange rate fluctuations between the currency of the assets and the share class currency, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, total return swaps, or counterparty exposure. The fund does not employ leverage or inverse strategies. The underlying assets are investment grade fixed-rate bonds, which are liquid and transparent. The risk profile is low to medium (risk category 3 out of 7), consistent with a straightforward bond index tracking strategy. Costs are simple with a low ongoing charge of 0.10% and no performance fees. The factsheet confirms direct physical replication and no use of swaps for index replication. No capital protection or structured features are present. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the fund exhibits characteristics of a non-complex ETF under MiFID II criteria."
}