{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Invesco MSCI Europe Equal Weight UCITS ETF aims to replicate the MSCI Europe Equal Weighted Index using a physical replication method, investing directly in the underlying equities. There is no mention of synthetic replication, swap agreements, or derivative instruments as part of the investment strategy. The fund is UCITS compliant, uses no leverage or inverse exposure, and does not employ complex structured products or capital protection mechanisms. The risk profile is moderate (category 6), reflecting equity market risk rather than complexity. Securities lending is used but is a common practice and does not imply complexity under MiFID II. The fund invests in liquid, transparent large and mid-cap European equities with no indication of illiquid or hard-to-value assets. Fees are straightforward with a single ongoing charge and no performance fees or swap fees. The index tracked is an equal-weighted variant of a well-known MSCI Europe Index, which is transparent and not inherently complex. No PRIIPs comprehension warnings or complexity flags are present. Therefore, the ETF does not meet the MiFID II criteria for a complex financial instrument."
}