{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares NASDAQ 100 UCITS ETF",
    "investment_objective": "To track the return of the NASDAQ 100 Index through capital growth and income",
    "primary_asset_class": "Equity",
    "geographic_focus": "US and international companies listed on NASDAQ, excluding financial sector",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF aims to replicate the NASDAQ 100 Index by holding the underlying equity securities in similar proportions, indicating physical replication. There is no mention of synthetic replication, swap agreements, or total return swaps in the KIID, PRIIPs KID, or factsheet. The fund may use derivatives only for investment purposes but not as an inherent element of the strategy, thus derivatives are marked false. No leverage, inverse or amplified exposure is indicated. The underlying assets are large, liquid, non-financial equities, with no complex structured products or contingent bonds. The risk profile is medium-high (5 out of 7) reflecting equity market risk, not complexity. Costs are straightforward with a TER of 0.30%, no performance fees, and no swap or derivative fees. Securities lending is used but revenue sharing does not increase costs. The factsheet confirms physical replication and no use of swaps or synthetic structures. No capital protection or structured features are present. Counterparty risk is disclosed as a general risk related to safekeeping and derivative counterparties but no significant counterparty exposure is evident. Overall, the ETF is a standard physical equity index tracker with minimal complexity factors under MiFID II criteria."
}