{
    "fund_name": "JPM ESG EMU Government Bond IG",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [
        "No significant complexity factors identified"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the J.P. Morgan ESG EMU Government Bond IG (TR) index, investing directly in debt securities of countries included in the index. There is no mention of synthetic replication, swaps, leverage, or inverse strategies. The risk profile is medium-low (3/7), and the fund's investment strategy is straightforward, focusing on government bonds with investment-grade ratings. The use of derivatives is not indicated beyond standard efficient portfolio management, and the fund's structure is transparent with clear risk disclosures. The absence of complex features like capital protection, structured products, or contingent bonds further supports the non-complex classification.",
    "confidence": 95
}