{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares Core MSCI Europe UCITS ETF EUR",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF aims to track the MSCI Europe Index using physical replication methods, investing directly in equity securities of large and mid-cap companies in developed European markets. The KIID and PRIIPs KID documents confirm the use of optimising techniques and limited use of financial derivative instruments (FDIs) only for direct investment purposes or risk management, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, total return swaps, or counterparty exposure related to derivatives. The fund does not employ leverage, inverse or amplified exposure, nor does it invest in complex underlying assets such as contingent convertible bonds or structured products. The risk profile is medium (4 out of 7 in PRIIPs KID, 6 in KIID but mainly due to equity market risk), with no capital protection or structured features. Costs are straightforward with a low ongoing charge (0.12%) and no performance fees. The monthly factsheet confirms physical replication and direct investment in a broad range of European equities, with no indication of synthetic structures or complex derivatives. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}