{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Invesco MSCI China All Shares Stock Connect UCITS ETF is a physically replicated ETF that aims to track the MSCI China All Shares Stock Connect Select Index. The KIID and factsheet indicate that the fund uses physical replication, holding the underlying securities directly. There are no mentions of synthetic replication, swaps, or derivative instruments beyond standard securities lending, which is a common practice and does not inherently add complexity. The fund does not employ leverage, inverse strategies, or capital protection mechanisms. The risk profile is consistent with a typical equity ETF, and the fund is UCITS-compliant, which generally aligns with non-complex classifications under MiFID II. The index tracked is a standard equity index without complex structures or hard-to-value assets.",
    "confidence": 95
}