{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares MSCI China A UCITS ETF USD (Acc)",
    "investment_objective": "To track the performance of the MSCI China A Inclusion Index through passive management by investing in equity securities that make up the Index.",
    "primary_asset_class": "Equity",
    "geographic_focus": "China (People's Republic of China, PRC)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the MSCI China A Inclusion 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 derivative instruments (FDIs) such as FX forwards for investment purposes, but these are not inherent to the strategy and are used for hedging or efficient portfolio management, so derivatives are marked false. There is no leverage or inverse exposure. The risk profile is medium-high (5 out of 7) due to emerging market exposure, currency risk, liquidity risk, and counterparty risk related to safekeeping and Stock Connect quotas, but these do not imply complexity under MiFID II. The Fund is UCITS compliant, uses physical replication, invests directly in liquid equity securities, and has a straightforward index-tracking objective. No capital protection or structured features are present. Costs are simple with a TER of 0.40%, no performance fees, and no swap or derivative fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. The monthly factsheet confirms physical replication and no use of swaps or leverage. Therefore, the ETF is classified as non-complex under MiFID II."
}