{
    "complex": false,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": true,
    "type": "ETF",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The L&G Asia Pacific ex Japan ESG Exclusions Paris Aligned UCITS ETF is a physically replicated ETF that uses optimised sampling to track the Foxberry Sustainability Consensus Pacific ex Japan Total Return Index. The KIID and factsheet indicate that the fund primarily invests in equity securities and does not employ leverage, inverse strategies, or synthetic replication. While the fund may use financial derivative instruments (FDIs) for efficient portfolio management, these are not used in a way that creates significant additional risk or complexity. The fund is UCITS-compliant, has a straightforward investment objective, and is designed for retail investors. The risk profile is rated 6, but this is due to the nature of equity investments rather than structural complexity. The fund does not exhibit any of the key complexity indicators under MiFID II, such as synthetic replication, leverage, or capital protection features.",
    "confidence": 95
}