{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Invesco MSCI Emerging Markets Universal Screened UCITS ETF",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The fund is a UCITS-compliant ETF that physically replicates the MSCI Emerging Markets Universal Select Business Screens Index using a sampling technique. There is no mention of synthetic replication, swap agreements, or total return swaps in the KIID, PRIIPs KID, or factsheet. The fund may use derivatives only for risk management, cost reduction, or generating additional capital or income, which does not constitute inherent derivative exposure for complexity purposes. There is no leverage or inverse exposure. The underlying assets are large- and mid-cap equities in emerging markets, which are liquid and transparent. The risk profile is medium (4 out of 7 in PRIIPs KID, 6 in KIID on a 1-7 scale), consistent with equity market risk but not indicative of complexity. No capital protection or structured features are present. Costs are straightforward with a single ongoing charge of 0.19%, no performance fees, and no swap or derivative fees. Securities lending is used but is a common practice and does not add complexity. The index tracked is ESG-screened but does not involve complex derivatives or contingent bonds. The PRIIPs KID does not carry a comprehension warning. Overall, the fund exhibits none of the MiFID II complexity triggers such as synthetic replication, leverage, complex underlying assets, or capital protection mechanisms."
}