{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers MSCI Europe Information Technology Screened UCITS ETF is a physically replicated ETF that tracks the MSCI Europe Information Technology Screened 20-35 Select Index. The KIID and factsheet indicate that the fund uses direct replication (physical) to achieve its investment objective, which is a non-complex indicator under MiFID II. The fund does not employ leverage, inverse strategies, or synthetic replication. While the KIID mentions the use of derivatives for risk management and efficient portfolio management, this is explicitly stated as being for reducing costs and improving results, not for creating leverage or complex exposure. The fund's risk profile is classified as category 7 due to sector concentration and market volatility, but this does not inherently indicate complexity under MiFID II. The underlying assets are liquid European equities, and the ESG screening methodology does not introduce additional complexity. The fund's transparency, liquidity, and straightforward replication method support its classification as non-complex.",
    "confidence": 95
}