{
    "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 FTSE EPRA Nareit Global Developed Green CTB UCITS ETF aims to replicate the FTSE EPRA Nareit Developed Green EU CTB Index using a passive, index-tracking strategy. The KIID and PRIIPs KID clearly state that the Fund generally uses full replication by holding all index equity securities in similar proportions, with the possibility of optimised replication (representative sampling) to minimize tracking error. There is no mention of synthetic replication, swap agreements, total return swaps, or any derivative instruments used as part of the investment strategy. The Fund invests directly in listed equities (real estate companies and REITs) across developed markets, selected based on ESG criteria. The risk profile is moderate (risk level 4 out of 7), consistent with equity market exposure, with no leverage or inverse exposure indicated. Costs are straightforward, with no swap fees or performance fees. The PRIIPs KID confirms no complexity warnings or comprehension warnings, and the Fund is UCITS compliant. There is no capital protection or structured product features. The underlying assets are liquid listed equities, and no complex structured products or contingent bonds are held. Therefore, the Fund does not meet any MiFID II complexity triggers related to synthetic replication, leverage, derivatives as a core strategy, or complex underlying assets. The classification is non-complex."
}