{
    "fund_name": "Invesco US Treasury Bond 10+ Year 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 US Long Treasury Index, which consists of US Treasury bonds with maturities greater than 10 years. The fund does not employ leverage, inverse strategies, or synthetic replication methods. The underlying assets are straightforward US Treasury bonds, which are considered low-risk and highly liquid. The fund's risk profile is rated as category 6, which is within the typical range for bond ETFs. The use of derivatives is limited to securities lending (90% of revenues returned to the fund), which is a common practice in ETFs and does not introduce significant complexity. The fund's objective and strategy are clearly stated, and the risks are well-documented. There are no indications of complex structured products, capital protection mechanisms, or other features that would trigger a 'complex' classification under MiFID II.",
    "confidence": 95
}