{
    "type": "ETF",
    "ucits": true,
    "fund_name": "UBS (Irl) ETF plc - S&P 500 Scored & Screened UCITS ETF",
    "investment_objective": "Passive tracking of the S&P 500 Scored & Screened Index (Net Total Return), a broad-based, market cap-weighted ESG screened US equity index",
    "primary_asset_class": "Equity",
    "geographic_focus": "USA",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the S&P 500 Scored & Screened Index by direct purchase of underlying securities, as confirmed by the factsheet stating 'Physical (Full replicated)' replication methodology. There is no mention of synthetic replication, swap agreements, or derivative counterparty risk as an inherent part of the investment strategy. Derivatives may be used only in exceptional circumstances for risk reduction or cost efficiency, not as a core element, so derivatives are marked false. There is no leverage, inverse or amplified exposure language. The underlying assets are large-cap US equities with ESG screening, no complex bonds or structured products. The risk profile is medium (risk category 4 in PRIIPs KID, 6 in KIID due to equity volatility), consistent with a straightforward equity ETF. Costs are simple with a low TER of 0.10%, no performance fees, no securities lending. No capital protection or structured features are present. The PRIIPs KID does not carry any comprehension warnings or complexity flags. The factsheet confirms no use of swaps or synthetic replication. Overall, the ETF is a standard physical replication equity ETF with minimal derivative use for hedging, no leverage, and transparent underlying assets, thus classified as non-complex under MiFID II."
}