{
    "type": "ETF",
    "ucits": true,
    "fund_name": "UBS (Irl) ETF plc - S&P 500 Scored & Screened UCITS ETF",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant fund that physically replicates the S&P 500 Scored & Screened Index by direct purchase of underlying equities, as confirmed by the factsheet stating 'Physical (Full replicated)' replication methodology. The fund tracks a broad-based, market cap-weighted ESG-screened US equity index with no use of synthetic replication or swap agreements. Derivative instruments may be used only exceptionally for risk reduction or cost efficiency, not as an inherent part of the investment strategy, and no funded or unfunded swap structures or counterparty risk exposures are disclosed. There is no leverage, inverse or amplified exposure. The risk profile is medium (4 out of 7 in PRIIPs KID, 6 in KIID due to equity volatility), consistent with direct equity exposure. No capital protection or structured features are present. Costs are straightforward with a low TER of 0.10%, no performance fees, no securities lending, and no complex fee structures. The PRIIPs KID does not contain any comprehension warnings or complexity flags. The monthly factsheet confirms no use of derivatives for replication and no complex underlying assets such as contingent bonds or CLOs. The index tracked is a standard ESG-screened equity index without complex derivatives embedded. Therefore, the ETF does not meet MiFID II criteria for complexity and is classified as non-complex."
}