{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Franklin MSCI World Catholic Principles UCITS ETF",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Franklin MSCI World Catholic Principles UCITS ETF aims to replicate the MSCI World Select Catholic Principles ESG Universal and Low Carbon Index using a full physical replication methodology, holding all or a representative subset of the underlying securities. The KIID and PRIIPs KID confirm that derivatives may be used only for efficient portfolio management purposes, not as an inherent part of the investment strategy, and no synthetic replication or swap agreements are referenced. The fund does not employ leverage or inverse exposure. The underlying assets are large and mid-cap equities from developed markets, with no indication of complex structured products or contingent bonds. The risk profile is moderate (4 out of 7), consistent with a straightforward equity index tracking fund. Costs are simple, with a single TER of 0.27% and no performance fees or swap fees. Counterparty risk is disclosed as a standard risk for efficient portfolio management derivatives but is not significant enough to classify the fund as complex. There are no capital protection or structured features. The factsheet confirms physical full replication and no use of synthetic instruments or swaps. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}