{
    "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 Automobiles & Parts UCITS ETF (DE) is a physically replicated ETF that aims to track the performance of the STOXX Europe 600 Automobiles & Parts Index. The fund primarily invests in equities and does not use leverage or synthetic replication. While the KIID mentions the potential use of financial derivative instruments (FDIs) for efficient portfolio management, this is a common practice for tracking error minimization and does not introduce complexity under MiFID II. The fund has a straightforward investment objective, invests directly in liquid securities, and has minimal derivative exposure. The risk profile is clearly disclosed, and the fund is UCITS-compliant, which typically indicates a non-complex structure. The absence of leverage, inverse strategies, or complex underlying assets further supports the non-complex classification.",
    "confidence": 95
}