{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": true,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [
        "Derivatives for portfolio optimization"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF primarily uses physical replication with stratified sampling to track the J.P. Morgan USD EM IG ESG Diversified Bond Index. While the KIID mentions the potential use of derivatives for portfolio optimization, this is not a primary strategy and does not introduce significant complexity. The fund is UCITS-compliant, has a straightforward investment objective, and invests in liquid, transparent securities. The risk profile is moderate (category 4), and there are no indications of leverage, inverse exposure, or complex structured products. The use of derivatives is limited to efficient portfolio management rather than as a core strategy, aligning with standard practices for non-complex ETFs.",
    "confidence": 90
}