{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares MSCI USA SRI UCITS ETF is a physically replicated ETF that tracks the MSCI USA SRI Select Reduced Fossil Fuel Index. It uses physical replication to hold the underlying equity securities of the index, which is a straightforward and transparent method. The ETF does not employ leverage, inverse strategies, or synthetic replication. While the KIID mentions the potential use of financial derivative instruments (FDIs) for efficient portfolio management, this is a common practice for UCITS ETFs and does not inherently make the product complex under MiFID II. The ETF's risk profile is clearly disclosed, and it does not exhibit any of the primary complexity indicators such as leverage, inverse exposure, or significant derivative usage beyond standard risk management. The ETF is UCITS-compliant, which further supports its classification as non-complex.",
    "confidence": 95
}