{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares MSCI China Tech UCITS ETF",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF aims to replicate the MSCI China Technology Sub-Industries ESG Screened Select Capped Index by holding the underlying equity securities in similar proportions, indicating physical replication. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments used as part of the investment strategy, only a possibility of limited use of FDIs for direct investment purposes, which is typical for emerging market access and does not imply complexity under MiFID II. The fund does not employ leverage, inverse or amplified exposure. The risk profile is high (6 out of 7) due to market and emerging market risks, not due to structural complexity. The fund is UCITS compliant, with a straightforward equity investment strategy focused on large and mid-cap Chinese technology-related companies. The monthly factsheet confirms physical replication and no use of swaps or synthetic structures. Costs are simple with no performance fees or swap fees. No capital protection or structured features are present. Counterparty risk is limited to normal custody and securities lending counterparties, with no significant derivative counterparty exposure. The PRIIPs KID does not include any comprehension warnings or complexity flags beyond market risk. Therefore, the ETF is classified as non-complex under MiFID II."
}