{
    "fund_name": "Xtrackers II US Treasuries 7-10 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 Treasury 7-10 Year Index, investing directly in U.S. Treasury bonds with maturities between 7 and 10 years. The KIID and factsheet confirm direct investment in the underlying securities without synthetic replication, swaps, or leverage. The fund's risk profile (category 4) is primarily driven by bond market risks (credit, interest rate, and regional concentration), which are standard for bond ETFs. The use of derivatives is limited to risk management (e.g., hedging) and does not materially alter the fund's risk profile. The absence of complex features like capital protection, inverse exposure, or structured products supports the non-complex classification. The PRIIPs KID and factsheet further confirm the straightforward structure, with no comprehension warnings or indications of complexity.",
    "confidence": 95
}