{
    "ucits": true,
    "type": "ETF",
    "leverage": false,
    "derivatives": true,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": "Derivative use for currency hedging, but not central to strategy; no embedded derivatives, no leverage, no complex indices, no contingent convertible bonds, no swaps, no securities lending, no capital protection, no opaque features, no significant counterparty risk, no roll costs or contango/backwardation effects",
    "supporting_data": "This UCITS ETF is passively managed, tracking a transparent, well-documented government bond index. It uses derivatives (currency forwards) solely for currency hedging to reduce the impact of currency fluctuations between the index's reference currency and the share class currency. The use of derivatives is limited to efficient portfolio management (EPM) and is not central to the investment objective or strategy. The ETF does not engage in securities lending, does not use leverage beyond UCITS limits, and does not hold complex or opaque instruments such as contingent convertible bonds, swaps, or structured notes. The risk profile reflects standard bond market risks (interest rate, credit, currency), not structural complexity. The structure, risks, and objective are straightforward and can be understood by retail investors with basic knowledge. The ETF complies with all UCITS regulatory requirements, including diversification, liquidity, and transparency.",
    "classification": "non-complex"
}