{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares $ Treasury Bond 1-3yr UCITS ETF is a physically replicated ETF that tracks the ICE U.S. Treasury 1-3 Year Bond Index. The KIID and factsheet indicate that the fund primarily invests in US Treasury bonds with maturities between 1 and 3 years. While the fund may use financial derivative instruments (FDIs) for currency hedging and efficient portfolio management, these are not used for leverage or complex strategies. The fund's risk profile is straightforward, with a risk rating of 2 out of 7, and it does not employ synthetic replication, leverage, or inverse strategies. The underlying assets are liquid and transparent US Treasury bonds, and the fund's methodology is sampled physical replication. The use of derivatives is limited to hedging purposes, which is a common and accepted practice for non-complex ETFs under MiFID II.",
    "confidence": 95
}