{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Franklin FTSE China UCITS ETF Class SINGLCLASS",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Franklin FTSE China UCITS ETF is a UCITS-compliant ETF that physically replicates the FTSE China 30/18 Capped Index using an optimised physical replication methodology. The KIID and PRIIPs KID explicitly state that derivatives may be used only for efficient portfolio management purposes, not as an inherent part of the investment strategy, and there is no mention of synthetic replication, swap agreements, or counterparty risk related to derivatives. The factsheet confirms physical replication and no use of swaps or synthetic structures. There is no leverage, inverse exposure, or capital protection features. The underlying assets are large and mid-cap Chinese equities, which are liquid and transparent. The risk profile is medium-high (5/7) reflecting market and emerging market risks, not complexity from structure. Costs are straightforward with a TER of 0.19%, no performance fees, and no swap or derivative fees. No complexity flags such as contingent bonds, structured products, or capital guarantees are present. The PRIIPs KID does not include any comprehension warnings or complexity disclosures beyond normal market risks. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}