{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares MSCI Europe ESG Screened UCITS ETF uses physical replication to track its benchmark index and does not employ leverage, inverse strategies, or synthetic replication. While the KIID mentions the potential use of financial derivative instruments (FDIs) for optimization, it explicitly states that such use is expected to be limited. The fund's primary strategy involves direct investment in equity securities that compose the MSCI Europe ESG Screened Index, with a clear and transparent investment objective. The risk profile is rated at level 6, which is not unusually high for equity ETFs, and the risks are well-documented and typical for equity investments. The fund is UCITS-compliant, which generally indicates a higher level of investor protection and regulatory oversight. The absence of significant derivative exposure, leverage, or complex underlying assets supports the classification as non-complex.",
    "confidence": 95
}