{
    "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 ESG Global Aggregate Bond UCITS ETF uses physical replication to track the Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral Index. The KIID explicitly states that the fund attempts to replicate the index by buying a portfolio of securities that may comprise the constituents of the index or other eligible assets. While the fund may use derivatives for currency hedging and efficient portfolio management, these are not used for leverage or complex strategies. The fund's risk profile is classified as category 3, indicating relatively low risk. The underlying assets are investment-grade bonds, which are generally considered straightforward and transparent. The fund does not employ leverage, inverse strategies, or complex financial instruments. The use of derivatives is limited to managing risk and reducing costs, which does not trigger complexity under MiFID II.",
    "confidence": 95
}