{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": true,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [
        "Derivative usage for direct investment purposes"
    ],
    "classification": "non-complex",
    "supporting_data": "The iShares Global Inflation Linked Govt Bond ETF is a UCITS-compliant fund that primarily uses physical replication to track its benchmark index. While the KIID mentions the use of financial derivative instruments (FDIs) for direct investment purposes, this appears to be for efficient portfolio management rather than as a core strategy. The fund does not exhibit leverage, inverse exposure, or synthetic replication. The underlying assets are straightforward inflation-linked government bonds, which are generally considered transparent and liquid. The risk profile is clearly disclosed, and the fund's structure is typical of non-complex ETFs. The derivative usage is limited and does not introduce significant additional risk or complexity that would require specialist knowledge.",
    "confidence": 90
}