{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares EURO STOXX Mid UCITS ETF",
    "investment_objective": "To track the return of the EURO STOXX Mid Index through a combination of capital growth and income by investing in equity securities of mid-cap Eurozone companies.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Eurozone",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF aims to replicate the EURO STOXX Mid Index primarily through physical investment in the underlying equity securities, using optimising techniques such as strategic selection or representative sampling, but not synthetic replication. The KIID and PRIIPs KID documents explicitly mention the use of financial derivative instruments (FDIs) only as a potential tool to help achieve the investment objective, not as an inherent part of the strategy, and no mention of swap agreements, total return swaps, or counterparty risk related to derivatives is made. The monthly factsheet confirms the product structure as physical replication. There is no leverage, inverse or amplified exposure. The risk indicator is medium (4 out of 7 in PRIIPs KID, 6 in KIID but this is consistent with equity risk rather than complexity). No capital protection or structured features are present. Costs are straightforward with no performance fees or swap fees. Securities lending is used but revenue sharing does not increase costs and is a common practice. No complex underlying assets such as contingent convertible bonds or CLOs are held; the holdings are standard mid-cap Eurozone equities. The PRIIPs KID does not carry any comprehension warnings or complexity flags. Therefore, the ETF is classified as non-complex under MiFID II criteria."
}