{
    "type": "ETF",
    "ucits": true,
    "fund_name": "UBS (Lux) Fund Solutions - J.P. Morgan Global Government ESG Liquid Bond UCITS ETF",
    "investment_objective": "Passive management aiming to track the J.P. Morgan Global Government ESG Liquid Bond Index (Total Return), hedged to GBP, using a stratified sampling approach.",
    "primary_asset_class": "Bond",
    "geographic_focus": "Global government bonds with ESG screening, major exposure to US, Japan, Germany, France, UK, Italy, Spain, Canada, Netherlands",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical stratified sampling replication methodology investing directly in a representative sample of liquid government bonds. The KIID and factsheet explicitly state no securities lending and no synthetic replication or swap usage. Derivatives may be used only for currency hedging purposes, not as an inherent part of the investment strategy, so derivatives are marked false. There is no leverage or inverse exposure. The underlying assets are liquid government bonds with good credit quality (mostly investment grade). The risk profile is moderate (risk category 4), consistent with bond market volatility, with no capital protection or structured features. Costs are straightforward with a TER of 0.18% and no performance fees. No complex structured products or contingent bonds are held. The PRIIPs KID and factsheet do not indicate any complexity warnings or comprehension alerts. Overall, the fund exhibits a clear, linear relationship to the underlying index performance and invests directly in liquid, transparent securities, meeting criteria for non-complex classification under MiFID II."
}