{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The SPDR STOXX Europe 600 SRI UCITS ETF is a UCITS-compliant ETF that physically replicates the STOXX Europe 600 SRI Index by holding approximately all securities of the index with similar weightings. The KIID and PRIIPs KID documents confirm the use of a replication strategy aimed at a near mirror-image of the index, with no mention of synthetic replication, swap agreements, or derivative instruments used as part of the investment strategy. Derivatives may be used only for efficient portfolio management, which does not trigger complexity under MiFID II. The fund does not employ leverage, inverse or amplified exposure, nor does it invest in complex underlying assets such as contingent convertible bonds or CLOs. The risk profile is medium (category 4 in PRIIPs KID, category 6 in KIID, reflecting market volatility rather than structural complexity). There are no capital protection or structured features. Costs are straightforward with a low TER of 0.12%, no performance fees, and no swap or derivative fees. The factsheet confirms physical replication and no securities lending. The index tracked is a screened ESG index, but the screening methodology and index construction do not introduce complexity under MiFID II. No counterparty risk or collateral management risks are disclosed. There is no comprehension warning in the PRIIPs KID. Therefore, the ETF is classified as non-complex."
}