{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": true,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [
        "Derivative usage for hedging and efficient portfolio management"
    ],
    "classification": "non-complex",
    "supporting_data": "The iShares Global Corp Bond UCITS ETF uses physical replication as its primary method, investing directly in corporate bonds to track the Bloomberg Barclays Global Aggregate Corporate Bond Index. While it employs 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 rated 4, primarily due to credit and interest rate risks inherent in bond investments, rather than complexity. The derivatives are used in a straightforward manner for hedging purposes, and the fund's structure and risks are transparent and understandable for retail investors. The fund is UCITS-compliant, which imposes additional safeguards and transparency requirements.",
    "confidence": 90
}