{
    "type": "ETF",
    "ucits": true,
    "fund_name": "MSCI Pacific ex Japan Min TE",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant, passively managed index-tracking fund that seeks to replicate the MSCI Pacific ex Japan ESG Filtered Min TE Index using full or optimized physical replication methods by investing directly in shares of companies included in the index. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments as part of the investment strategy. 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 moderate (risk level 4 out of 7), consistent with equity market exposure, and there are no capital protection or structured features. Costs are straightforward with no performance fees or swap fees. The monthly factsheet confirms physical replication with direct equity holdings and no indication of derivative or swap usage. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the fund exhibits a clear, linear relationship to the underlying index performance, with minimal derivative exposure used only for risk management if at all, thus qualifying as non-complex under MiFID II."
}