{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers SLI UCITS ETF is a physically replicated fund that directly holds the underlying securities of the SLI Swiss Leader Index. The KIID and factsheet indicate that while derivatives may be used for efficient portfolio management (e.g., reducing costs or managing risk), they are not a core part of the investment strategy. The fund employs direct replication, holds liquid Swiss blue-chip stocks, and has a straightforward index-tracking objective. The risk profile (category 6) is primarily due to equity market volatility rather than structural complexity. The absence of leverage, inverse exposure, or synthetic replication further supports the non-complex classification.",
    "confidence": 95
}