{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The KraneShares CSI China Internet UCITS ETF is a physically replicated ETF that tracks the CSI Overseas China Internet Index. It does not use derivatives, swaps, or leverage, and its investment strategy is straightforward, focusing on direct holdings of Chinese internet companies. The KIID explicitly states that the fund does not intend to use financial derivative instruments or total return swaps. The risk profile is high (category 7) due to the volatility of the underlying assets, but this is not indicative of structural complexity. The fund is UCITS-compliant, which generally aligns with non-complex classifications under MiFID II. The PRIIPs KID and factsheet do not introduce any additional complexity factors, such as comprehension warnings or hidden derivative usage.",
    "confidence": 95
}