{
    "fund_name": "Vanguard EUR Eurozone Government Bond USD HEDGED ACCUMULATING UCITS ETF",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the Bloomberg Euro-Aggregate: Treasury Index, which consists of Euro-denominated investment-grade government bonds. While the fund may use derivatives for risk reduction or cost management, there is no indication of synthetic replication, leverage, or inverse strategies. The risk profile is rated 4 (moderate), and the fund invests in liquid, transparent securities. The absence of complex features like capital protection, contingent bonds, or structured products supports the non-complex classification.",
    "confidence": 95
}