{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Franklin US Mega Cap 100 UCITS ETF aims to track the Solactive US Mega Cap 100 Select Index using full physical replication, holding the underlying large-cap US equities directly. The KIID and factsheet confirm no use of synthetic replication, swaps, or leverage. Derivatives are only used, if at all, for efficient portfolio management purposes, not as an inherent part of the investment strategy, thus derivatives exposure is minimal and not complexity-driving. The fund is UCITS compliant, with a low ongoing charge (0.09%) and no performance fees. The risk profile is moderate (Risk Indicator 5), consistent with direct equity exposure without leverage or complex structured features. There are no capital protection mechanisms, no contingent bonds, no inverse or leveraged exposure, and no significant counterparty risk disclosed beyond normal market risks. The index tracked is a straightforward large-cap US equity index with quarterly rebalancing and no complex structured indices or derivatives embedded. The PRIIPs KID and factsheet do not indicate any comprehension warnings or complexity flags. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}