{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication with direct investments in transferable securities to track the Bloomberg Global Aggregate Index. While derivatives may be used for efficient portfolio management (e.g., handling inflows/outflows or improving index constituent exposure), they are not a core part of the investment strategy. The fund does not employ leverage, inverse strategies, or synthetic replication. The underlying assets are investment-grade bonds, which are generally considered transparent and liquid. The risk profile is moderate (SRRI 3-4), and the fund is UCITS-compliant, indicating adherence to regulatory standards designed to protect retail investors. The KIID and factsheet do not highlight any complex features such as capital protection mechanisms, structured products, or illiquid assets.",
    "confidence": 95
}