{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers II Eurozone Government Bond 1-3 UCITS ETF is a physically replicated ETF that tracks the Markit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 Index. The fund uses direct replication to hold the underlying bonds, which are investment-grade government bonds with maturities between 1 and 3 years. While the KIID mentions the use of derivatives for risk management and cost efficiency, these are not used for leverage or synthetic replication. The fund has a straightforward investment objective, low risk profile (category 2), and transparent holdings. The absence of leverage, inverse strategies, or complex underlying assets supports the non-complex classification. The fund's risk profile is aligned with its stated objective of tracking a well-defined bond index.",
    "confidence": 95
}