{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares STOXX Europe 600 Technology 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 physically replicates the STOXX Europe 600 Technology Price Index by direct investment in equities, with at least 95% of assets matching the index weighting. There is no use of synthetic replication or swap agreements mentioned in the KIID, PRIIPs KID, or factsheet. The fund does not intend to use leverage, and any derivative use is limited to efficient portfolio management, not as an inherent part of the investment strategy, thus derivatives are considered non-complex in this context. The risk profile is medium-high (5 out of 7), reflecting sector concentration risk rather than structural complexity. No capital protection, structured features, or contingent bonds are present. Costs are straightforward with no performance fees or swap fees. The factsheet confirms physical replication and no synthetic or swap-based structures. There are no references to leverage, inverse exposure, or complex underlying assets. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}