{
    "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 World Information Technology Sector ESG UCITS ETF is a physically replicated fund that aims to track the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped Index. The fund primarily invests in equity securities that make up the index, with no indication of leverage, inverse strategies, or synthetic replication. While the KIID mentions the potential use of financial derivative instruments (FDIs) for direct investment purposes, it does not specify extensive or complex derivative usage. The fund's risk profile is rated 7, but this is primarily due to sector concentration risks rather than structural complexity. The fund is UCITS-compliant, which generally aligns with non-complex classifications under MiFID II. The absence of swaps, leverage, or inverse exposure further supports the non-complex classification.",
    "confidence": 90
}