{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers II Eurozone Government Bond 7-10 UCITS ETF aims to replicate the Markit iBoxx EUR Eurozone 7-10 Index by directly purchasing a portfolio of government bonds with maturities between 7 and 10 years. The fund uses physical replication as confirmed by the factsheet. Derivatives are only used for currency hedging purposes to reduce exchange rate fluctuations between the fund's EUR-denominated assets and the USD share class currency, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, or total return swaps. The fund does not employ leverage or inverse exposure. The underlying assets are investment grade Eurozone government bonds, which are liquid and transparent, with no complex structured products or contingent convertible bonds involved. The risk profile is medium-low (risk level 3 out of 7), consistent with a straightforward bond ETF. Costs are simple, with no performance fees or swap fees, only a standard ongoing charge and minor securities lending revenue. No capital protection or structured features are present. The PRIIPs KID does not include 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."
}