{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF is a physically replicated fund that tracks the Bloomberg U.S. 7-10 Year Treasury Bond Index. It uses stratified sampling to hold a representative subset of the index constituents, which are high-quality U.S. Treasury bonds with maturities between 7 and 10 years. The fund does not use synthetic replication, leverage, or inverse strategies. While the KIID mentions the potential use of financial derivative instruments for efficient portfolio management, this is a standard disclosure and does not indicate extensive or complex derivative usage. The fund's risk profile is categorized as 4, which is moderate, and there are no indications of complex underlying assets or capital protection mechanisms. The fund is UCITS-compliant, which generally aligns with non-complex classifications under MiFID II. The absence of leverage, inverse exposure, or significant derivative usage supports the non-complex classification.",
    "confidence": 95
}