{
    "complex": false,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": true,
    "type": "ETF",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Invesco BulletShares 2026 USD Corporate Bond UCITS ETF is a physically replicated, investment-grade corporate bond ETF with a fixed maturity date. It uses sampling techniques to track the Bloomberg 2026 Maturity USD Corporate Bond Screened Index, which consists of liquid, investment-grade corporate bonds. The ETF does not employ leverage, inverse strategies, or synthetic replication. While derivatives may be used for risk management, they are not a core part of the investment strategy. The ETF is UCITS-compliant, has a clear risk profile (risk category 4), and holds straightforward, transparent assets. The absence of complex structures, leverage, or significant derivative exposure supports the non-complex classification.",
    "confidence": 95
}