{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares EUR Govt Bond 1-3yr UCITS ETF is a physically replicated fund tracking the Bloomberg Barclays Euro Government Bond 1-3 Year Term Index. It invests directly in investment-grade Euro-denominated government bonds with maturities of 1-3 years. While the KIID mentions the potential use of financial derivative instruments (FDIs) for direct investment purposes, this appears to be a standard disclosure rather than an active strategy. The fund's primary method is physical replication through direct bond holdings, with any derivative use likely limited to efficient portfolio management (EPM) rather than as a core strategy. The risk profile is low (rated 2 out of 7), and the underlying assets are straightforward government bonds. The fund does not employ leverage, inverse strategies, or complex structures. The PRIIPs KID and factsheet confirm the physical replication method and do not indicate any complexity triggers such as swaps, leverage, or illiquid assets.",
    "confidence": 95
}