{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares Euro Dividend UCITS ETF aims to replicate the EURO STOXX Select Dividend 30 Index by physically holding the underlying 30 equity securities in similar proportions, as explicitly stated in the KIID and factsheet. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments used as an inherent part of the investment strategy. While the Fund may use financial derivative instruments (FDIs) to help achieve the investment objective, this is described as ancillary and not a core element of the strategy, implying derivatives are used for risk management rather than exposure, so derivatives are marked false. The Fund does engage in short-term securities lending, but this does not increase complexity under MiFID II. There is no leverage, inverse or amplified exposure language, and the risk indicator is medium-high (5 out of 7), consistent with equity market risk but not indicative of complexity. The underlying assets are straightforward equity securities with no complex structured products or contingent bonds. No capital protection or structured features are present. Costs are simple with a single ongoing charge of 0.40%, no performance fees, and no swap or derivative fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. The monthly factsheet confirms physical replication and direct investment in 30 listed securities, with no synthetic or swap-based structures. Counterparty risk is mentioned only in the context of custodial and securities lending counterparties, which is standard and not a complexity driver. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance, with transparent holdings and no embedded complexity factors such as leverage, swaps, or contingent bonds."
}