{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares STOXX Europe 600 Basic Resources UCITS ETF (DE)",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant exchange traded fund that aims to track the STOXX Europe 600 Basic Resources Price Index by physical replication, investing mostly in equities with at least 95% duplication of the index. There is no intention to use leverage, and any derivative use is limited to minimal efficient portfolio management purposes, not as an inherent part of the investment strategy. The fund does not use synthetic replication, swaps, or total return swaps, and there is no mention of funded or unfunded swap structures or counterparty risk beyond normal safekeeping risks. The risk profile is medium-high (5 out of 7) reflecting equity market risk and sector concentration, but not complexity from derivatives or leverage. Costs are straightforward with a TER of 0.46%, no performance fees, and no complex fee structures. The monthly factsheet confirms physical replication and direct investment in equities, with no indication of derivative or swap usage. There are no capital protection or structured features. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance, invests directly in liquid equities, and does not employ leverage or synthetic replication, leading to a non-complex classification under MiFID II."
}