{
    "complex": false,
    "classification": "non-complex",
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "supporting_data": "The Xtrackers MSCI Japan Screened UCITS ETF is a physically replicated ETF that tracks the MSCI Japan Select Screened Index. The KIID and factsheet indicate that the fund primarily uses direct replication of the underlying securities in the index, with derivatives only used for currency hedging and efficient portfolio management, not as a core part of the investment strategy. The fund does not employ leverage, inverse strategies, or synthetic replication. The risk profile is classified as level 6, but this is due to the volatility of Japanese equities rather than structural complexity. The ESG screening and carbon reduction methodology, while sophisticated, do not introduce complexity from a MiFID II perspective as they are clearly disclosed and do not involve derivative instruments. The fund is UCITS-compliant, which further supports its non-complex classification.",
    "confidence": 90
}