{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Invesco FTSE All-World UCITS ETF aims to track the FTSE All-World Index using a physical replication method with sampling techniques. There is no mention of synthetic replication, swap agreements, or total return swaps in the KIID, PRIIPs KID, or factsheet. The fund does not employ leverage or inverse strategies, and the risk indicator is moderate (4 out of 7), consistent with a standard equity ETF. The fund invests directly in a broad, liquid basket of equities across developed and emerging markets, with no complex underlying assets such as contingent convertible bonds or CLOs. Derivatives are only used optionally for risk management or cost reduction, not as a core part of the investment strategy, so derivatives are marked false. The ongoing charges are straightforward with no performance fees or complex fee structures. Securities lending is disclosed but is a common practice and does not add complexity under MiFID II. 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, physical replication, and no leverage or synthetic elements, leading to a non-complex classification under MiFID II."
}