{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares MSCI USA ESG Screened UCITS ETF uses physical replication to track its benchmark index, holding the underlying equity securities directly. While the KIID mentions the use of financial derivative instruments (FDIs) for currency hedging and potential direct investment purposes, these are used for efficient portfolio management (EPM) rather than as a core strategy. The fund does not employ leverage, inverse strategies, or synthetic replication. The risk profile is rated 6, but this is primarily due to equity market risks rather than structural complexity. The fund's ESG screening criteria and currency hedging do not introduce additional complexity that would make it unsuitable for retail investors. The fund is UCITS-compliant, which further supports its non-complex classification under MiFID II.",
    "confidence": 95
}