{
    "fund_name": "Goldman Sachs Global Green Bond UCITS ETF",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": true,
    "swaps": false,
    "inverse": false,
    "complex_factors": [
        "Currency hedging using derivatives",
        "Representative sampling of index"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication with representative sampling of the Solactive Global Green Bond Select Index. While it may use derivatives for currency hedging (up to 10% of assets), this is a common practice in UCITS funds and does not indicate complexity. The risk profile is moderate (category 4), and the fund invests in fixed income securities with lower volatility. There are no signs of leverage, inverse exposure, or synthetic replication. The PRIIPs KID and factsheet do not indicate additional complexity factors.",
    "confidence": 90
}