{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Invesco S&P World Information Technology ESG UCITS ETF",
    "investment_objective": "To track the net total return of the S&P World ESG Enhanced Information Technology Index, less fees, expenses and transaction costs.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Global developed markets (large and mid-cap Information Technology companies)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication, aiming to hold all securities in the index in their respective weightings. There is no mention of synthetic replication, swap agreements, or derivative instruments used as part of the investment strategy, only derivatives used for risk management or cost reduction, which does not trigger complexity. The fund is UCITS compliant and does not employ leverage or inverse strategies. The underlying assets are large and mid-cap equities in developed markets, with no exposure to complex structured products or contingent convertible bonds. The risk rating is 5 out of 7, indicating medium-high risk typical for equity ETFs but not necessarily complexity. Costs are straightforward with a low ongoing charge (0.18%) and no performance fees. Securities lending is used but is a common practice and disclosed transparently. The PRIIPs KID does not include any comprehension warnings or complexity flags. The factsheet confirms physical replication and no use of swaps or synthetic structures. Overall, the ETF exhibits a straightforward, transparent index-tracking strategy with no inherent complexity factors under MiFID II definitions."
}