{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares MSCI World Information Technology Sector ESG UCITS ETF",
    "investment_objective": "To replicate the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped Index by investing primarily in equity securities of the index constituents with ESG optimisation.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Developed markets globally, focused on Information Technology sector",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped Index by holding the underlying equity securities in similar proportions. There is no mention of synthetic replication, swap agreements, or total return swaps. The fund may use financial derivatives only for direct investment purposes, but this is limited and not inherent to the strategy, so derivatives are marked false. There is no leverage or inverse exposure. The risk profile is medium-high (5 out of 7) due to sector concentration and equity market risks, but this does not imply complexity under MiFID II. The fund is UCITS compliant, with a simple fee structure (TER 0.18%), no performance fees, and no capital protection or structured features. The underlying assets are liquid, large and mid-cap equities in developed markets. The PRIIPs KID does not include any comprehension warnings or complexity flags. The monthly factsheet confirms physical replication and no use of swaps or synthetic structures. Overall, the fund is straightforward, with a clear, linear relationship to the underlying index performance and minimal derivative use for risk management only."
}