{
    "complex": false,
    "classification": "non-complex",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "supporting_data": "The Tabula EUR IG Bond Paris-Aligned Climate UCITS ETF is a physically replicated ETF that tracks the Solactive ISS Paris Aligned Select Euro Corporate Bond Index. The KIID and factsheet indicate that the fund uses a sampling strategy but primarily invests directly in investment-grade corporate bonds. While the KIID mentions that financial derivative instruments (FDIs) may be used for direct investment purposes, it explicitly states that their use is expected to be limited. The fund does not employ leverage, inverse strategies, or synthetic replication. The risk profile is rated as 3 out of 7, indicating moderate risk. The fund is UCITS-compliant and does not exhibit characteristics typically associated with complex instruments under MiFID II, such as significant derivative exposure, leverage, or capital protection mechanisms. The primary complexity factors, such as derivatives or swaps, are not present in a material way, and the fund's strategy is straightforward and transparent.",
    "confidence": 90
}