{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": true,
    "swaps": true,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [
        "Currency Hedging",
        "Stratified Sampling"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication with stratified sampling and employs currency forwards for hedging purposes, which is a common and straightforward practice for managing currency risk in international bond ETFs. The KIID explicitly states that derivatives are used to reduce investor risks or manage market risks, not for leveraged or speculative purposes. The risk category is 3, indicating low volatility, and the fund invests primarily in liquid government bonds with a clear and transparent index-tracking objective. The use of derivatives is limited to efficient portfolio management and hedging, which does not introduce complexity beyond what is typical for standard bond ETFs. The fund's strategy, risks, and costs are clearly disclosed and understandable to retail investors.",
    "confidence": 90
}