{
    "fund_name": "JPM BetaBuilders UK Gilt 1-5 yr UCITS ETF - GBP (dist)",
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant, physically replicated ETF tracking the J.P. Morgan Government Bond Index United Kingdom 1-5 Year Select Maturity. It invests directly in UK government bonds with maturities between 1-5 years, using an optimisation methodology to replicate the index. There is no mention of synthetic replication, swaps, leverage, or inverse strategies. The risk profile is rated as category 3 (low to medium risk), and the ongoing charge is 0.07%. The fact sheet confirms the fund holds 15 UK government bonds with high credit quality (99.95% AA-rated). The ETF is designed for investors seeking exposure to UK gilts and is expected to track the index closely. There are no indications of complexity in the KIID or fact sheet, and the use of derivatives is limited to efficient portfolio management (if any). The fund is suitable for retail investors and does not require specialist knowledge to understand.",
    "confidence": 95
}