{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": null,
    "classification": "non-complex",
    "supporting_data": "The iShares MSCI Europe Information Technology Sector UCITS ETF is a physically replicated ETF that aims to track the MSCI Europe Information Technology 20/35 Capped Index. The KIID and factsheet indicate that the fund primarily holds equity securities of companies in the European information technology sector. While the fund may use financial derivative instruments (FDIs) for direct investment purposes, there is no indication of extensive or complex derivative usage, leverage, or synthetic replication. The fund's risk profile is rated as 7, but this is primarily due to the sector concentration and equity market risks rather than structural complexity. The fund does not exhibit characteristics typically associated with complex instruments, such as leverage, inverse exposure, or significant counterparty risk from synthetic replication.",
    "confidence": 95
}