{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares Digital Entertainment and Education UCITS ETF",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF aims to replicate the STOXX Global Digital Entertainment and Education Index by holding the equity securities that make up the index in similar proportions, indicating physical replication. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments used as part of the core investment strategy. The Fund may use financial derivatives for direct investment purposes to help achieve the investment objective, but this is limited and not inherent to the strategy, so derivatives are marked false. The monthly factsheet confirms the product structure as physical replication. There is no leverage, inverse or amplified exposure language. The risk profile is medium-high (5 out of 7), consistent with equity sector concentration and ESG screening, but not indicative of complexity due to derivatives or leverage. No capital protection or structured features are present. Costs are straightforward with a TER of 0.40%, no performance fees, and no swap or derivative fees disclosed. Counterparty risk is mentioned only in the context of securities lending and safekeeping, which is typical and does not elevate complexity classification. The PRIIPs KID does not include any comprehension warnings or complexity flags. The underlying assets are equities in developed and emerging markets, with no complex bonds or structured products. Overall, the ETF is a UCITS-compliant, physically replicated equity ETF with limited derivative use for risk management, no leverage, and no synthetic structures, leading to a non-complex classification under MiFID II."
}