{
    "name": "KraneShares ICBCCS S&P China 500 UCITS ETF",
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The KraneShares ICBCCS S&P China 500 UCITS ETF is a physically replicated ETF that tracks the S&P China 500 Index. It does not use derivatives, swaps, or leverage, and its replication method is straightforward physical replication. The fund's risk profile is clearly disclosed, and it does not exhibit any of the complexity indicators such as synthetic replication, leverage, or capital protection mechanisms. The underlying assets are liquid and transparent, and the fund's strategy is to hold securities in the index with approximate weightings. The fund's risk level is categorized as 6, which is due to the nature of its investments and their recent price volatility, but this does not indicate complexity under MiFID II. The fund's charges are straightforward, with no performance fees or complex fee structures.",
    "confidence": 95
}