{
    "type": "ETF",
    "ucits": true,
    "fund_name": "BNP Paribas Easy MSCI World ESG Filtered Min TE UCITS ETF",
    "investment_objective": "Replicate the performance of the MSCI World ESG Filtered Min TE (NTR) Index while minimising tracking error",
    "primary_asset_class": "Equity",
    "geographic_focus": "Global (World Index)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF pursues a passive index tracking strategy aiming to replicate the MSCI World ESG Filtered Min TE Index primarily through full replication or optimised replication by holding the underlying equity securities directly. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments as part of the investment strategy. The fund is UCITS compliant, which imposes strict rules on leverage and derivative use. The risk profile is moderate (4 out of 7), consistent with equity market exposure, with no leverage or inverse exposure. Costs are straightforward with no performance fees or swap fees. The PRIIPs KID confirms no complex derivative usage and states the product is suitable for retail investors without specific financial expertise. The index tracked is ESG-filtered but does not involve complex structured products or contingent bonds. No capital protection or structured features are present. The monthly factsheet and KIID do not indicate any counterparty risk or synthetic replication. Therefore, the ETF is classified as non-complex under MiFID II criteria."
}