{
    "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 Government Bond UCITS ETF is a physically replicated ETF that tracks the FTSE ESG Select World Government Bond Index  DM. The fund uses direct replication (physical) to achieve its investment objective, which is a non-complex indicator. While the KIID mentions the use of derivatives for currency hedging and risk management, these are standard practices for efficient portfolio management and do not introduce significant additional risk or complexity. The fund does not employ leverage, inverse strategies, or synthetic replication. The underlying assets are investment-grade sovereign bonds from developed markets, which are generally considered transparent and liquid. The risk profile is classified as category 4, which is moderate and does not indicate complexity. The fund is UCITS-compliant, further supporting its non-complex classification.",
    "confidence": 95
}