{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares STOXX Europe 600 Technology UCITS ETF (DE) is a physically replicated ETF that aims to track the STOXX Europe 600 Technology Index. The KIID and factsheet confirm that the fund primarily invests directly in equities (at least 95% of assets) and does not use leverage, inverse strategies, or synthetic replication. While the fund may use financial derivative instruments (FDIs) for efficient portfolio management, this is a standard practice for UCITS ETFs and does not introduce complexity under MiFID II. The fund has a straightforward investment objective, invests in liquid securities, and maintains a clear, linear relationship to its underlying index. The risk profile is transparent, with no capital protection mechanisms or structured features. The fund is UCITS-compliant, which further supports its classification as non-complex.",
    "confidence": 95
}