{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares EUR Cash UCITS ETF is a physically replicated, non-leveraged money market fund with a straightforward investment objective of tracking money market rates. It invests in high-quality, short-term fixed income securities and money market instruments denominated in Euro. The fund does not employ synthetic replication, leverage, or inverse strategies. While the KIID mentions the potential use of financial derivative instruments (FDIs) for investment purposes or risk reduction, there is no indication that these are used in a manner that would introduce complexity beyond efficient portfolio management. The fund's risk profile is low (rated 1), and its holdings are transparent and liquid. The absence of complex structures, leverage, or significant derivative exposure supports a non-complex classification.",
    "confidence": 95
}