{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares Global Infrastructure UCITS ETF is a physically replicated fund that aims to track the FTSE Global Core Infrastructure Index. It primarily invests in equity securities of companies involved in infrastructure sectors (transportation, energy, and telecommunications). While the fund may use financial derivative instruments (FDIs) for currency hedging and efficient portfolio management, these are not used for leverage or complex strategies. The fund's risk profile is transparent, with a risk rating of 6 primarily due to sector concentration risks rather than structural complexity. The fund does not employ synthetic replication, leverage, or inverse strategies, and its underlying assets are straightforward equity securities. The use of derivatives is limited to hedging purposes, which is a common and accepted practice for non-complex ETFs under MiFID II.",
    "confidence": 95
}