{
    "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 EURO STOXX 50 UCITS ETF is a physically replicated ETF that aims to track the performance of the EURO STOXX 50 Index by holding the underlying equity securities. The KIID and factsheet indicate that the fund uses physical replication and does not employ leverage, inverse strategies, or complex derivatives. While the fund may use financial derivative instruments (FDIs) for efficient portfolio management, this is explicitly stated to be for direct investment purposes and not for creating leverage or complex exposure. The fund's risk profile is straightforward, with a risk rating of 6 primarily due to equity market risks rather than structural complexity. The fund is UCITS-compliant, which imposes additional investor protection requirements. The factsheet confirms the physical replication methodology and provides clear, transparent information about the fund's holdings and performance. There are no indications of complex underlying assets, capital protection mechanisms, or structured features that would classify this ETF as complex under MiFID II.",
    "confidence": 95
}