{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "leverage": false,
        "complex_factors": [
            "ESG screens in index construction"
        ],
        "classification": "non-complex",
        "supporting_data": "The Fidelity Europe Quality Income UCITS ETF aims to track the performance of the Fidelity Europe Quality Income Index using a physical replication method, holding all of the index's underlying securities. The fund's objective and investment policy are clearly stated, focusing on tracking an index composed of dividend-paying companies with quality fundamental characteristics and ESG integration.  The KID explicitly mentions that the fund will replicate the index by holding all of the Index securities in a similar proportion to their weighting in the Index, which is a physical replication method. Derivatives are mentioned as potentially being used for 'efficient portfolio management and currency hedging purposes,' but not as integral to the investment objective.  The risk and reward profile is classified as 6 out of 7, indicating a high level of fluctuation and potential for loss, but this is attributed to the nature of the investments (stocks) and not to complex product structures.  The index methodology incorporates ESG screens and ratings, which is a characteristic of the index itself and not an indication of structural complexity for the ETF.  There is no mention of embedded derivatives, leverage, or other features that would typically render a UCITS ETF complex. The ESG screening, while adding a layer to the index methodology, does not introduce structural complexity in the way that derivatives or synthetic replication would. Therefore, based on the provided information and the MiFID II framework for UCITS ETFs, the asset is classified as non-complex."
    }
}