{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares MSCI AC Far East ex-Japan UCITS USD (Dist) Share Class",
    "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 AC Far East ex-Japan Index by investing directly in the equity securities that make up the index in similar proportions, indicating physical replication. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments used as an inherent part of the investment strategy. The Fund may use financial derivatives only to help achieve the investment objective, but this is for direct investment purposes and not as a core element of the strategy, so derivatives are considered non-complex in this context. The risk profile is medium (risk level 4 out of 7 in PRIIPs KID, and 6 in KIID, reflecting equity market and emerging market risks, but not complexity due to leverage or derivatives). There is no leverage, inverse or amplified exposure. The underlying assets are equities from developed and emerging markets in Far East Asia, excluding Japan, which are liquid and transparent. No capital protection or structured features are present. Costs are straightforward with a TER of 0.74%, no performance fees, and no swap or derivative fees. The monthly factsheet confirms physical replication and no use of swaps or synthetic structures. The PRIIPs KID does not carry any comprehension warnings or complexity flags. Therefore, the ETF is classified as non-complex under MiFID II criteria."
}