{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares Core FTSE 100 UCITS ETF is a physically replicated ETF that aims to track the FTSE 100 Index by holding the underlying equity securities in similar proportions. 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 part of the investment strategy. The ETF does not exhibit leverage, inverse exposure, or synthetic replication. The risk profile is rated 6, but this is primarily due to the concentration risk in UK equities rather than structural complexity. The ETF is UCITS-compliant, providing additional investor protections and transparency. The fact sheet confirms the physical replication methodology and does not indicate any complex underlying assets or strategies.",
    "confidence": 95
}