{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares Digitalisation UCITS ETF aims to track the STOXX Global Digitalisation Index by investing primarily in equity securities that make up the index, using physical replication or optimised physical techniques. The KIID and PRIIPs KID documents explicitly state the Fund invests directly in equities and may use financial derivative instruments (FDIs) only for direct investment purposes or to achieve similar returns via optimisation, not as an inherent element of the strategy. There is no mention of synthetic replication, swap agreements, total return swaps, or counterparty risk related to derivatives. The Fund does not employ leverage, inverse or amplified exposure, nor does it have capital protection or structured features. The risk profile is medium-high (5 out of 7) reflecting equity market risks and sector concentration, but not complexity from derivatives or leverage. The monthly factsheet confirms a physical product structure with no indication of swap usage or complex underlying assets. The Fund holds a diversified portfolio of equities from developed and emerging markets, with no contingent convertible bonds or complex structured products. Costs are straightforward with a TER of 0.40%, no performance fees, and no swap or derivative fees. There is no PRIIPs comprehension warning or complexity flag. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}