{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares MSCI Europe Information Technology Sector UCITS ETF",
    "investment_objective": "To replicate the return of the MSCI Europe Information Technology 20/35 Capped Index through passive management by holding equity securities in similar proportions to the index.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Europe (Developed Markets)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The Fund is a UCITS ETF physically replicating the MSCI Europe Information Technology 20/35 Capped Index by holding the underlying equities directly. There is no mention of synthetic replication, swap agreements, or derivative instruments used as an inherent part of the investment strategy. Derivatives may be used for risk management but not as a core element, so derivatives are marked false. There is no leverage, inverse or amplified exposure. The underlying assets are large and mid-cap equities in the technology sector, which are liquid and transparent. The risk indicator is 5 out of 7, reflecting medium-high market risk typical of equity sector funds, but no complexity flags such as capital protection, structured features, or contingent bonds are present. The fund engages in short-term securities lending, but this does not increase complexity under MiFID II. Costs are straightforward with a TER of 0.18%, no performance fees, and no swap or derivative fees. The PRIIPs KID does not contain any comprehension warnings or complexity disclaimers. The monthly factsheet confirms physical replication and no use of swaps or synthetic structures. Therefore, the fund is classified as non-complex under MiFID II."
}