{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The BNP Paribas Easy ESG Enhanced World UCITS ETF tracks the MSCI World Net Total Return USD Index with an active ESG integration strategy. The fund uses physical replication by selecting securities directly from the index universe, applying ESG filters and exclusions, and does not mention any use of synthetic replication, swap agreements, or derivative instruments as part of its investment strategy. There is no indication of leverage, inverse exposure, or capital protection mechanisms. The risk profile is moderate (category 5), consistent with equity market exposure, without additional complexity flags such as counterparty risk or derivative-related risks. Charges are straightforward with a TER of 0.20% and no performance or swap fees. The fund is UCITS compliant, which typically limits complexity and derivative use. No references to complex underlying assets, structured products, or contingent bonds were found. The absence of synthetic replication, leverage, or derivative usage leads to a classification of non-complex under MiFID II."
}