{
    "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 SPDR Bloomberg Global Aggregate Bond UCITS ETF uses physical replication via stratified sampling to track the Bloomberg Global Aggregate Bond Index. It does not employ leverage, inverse strategies, or synthetic replication. While it may use derivatives for currency hedging and efficient portfolio management, these are not used in a way that creates significant additional risk or complexity. The fund is UCITS-compliant, has a straightforward investment objective, and invests in liquid, transparent securities. The risk profile is moderate (risk category 3), and there are no indications of complex structures or capital protection mechanisms. The use of derivatives is limited to hedging and efficient management, not as an inherent element of the strategy.",
    "confidence": 95
}