{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the MSCI Pacific ex Japan SRI Filtered PAB Index, investing directly in the underlying securities. While derivatives may be used for efficient portfolio management (EPM) such as handling inflows/outflows or minor exposure adjustments, this does not constitute a primary strategy or introduce significant complexity. The fund does not employ leverage, inverse strategies, or synthetic replication. The risk profile is straightforward, with a clear focus on ESG-compliant equities in developed Pacific markets (excluding Japan). The KIID and factsheet confirm the fund's simplicity, transparency, and alignment with standard UCITS ETF structures. The absence of complex features such as contingent bonds, structured products, or significant counterparty risks further supports the non-complex classification.",
    "confidence": 95
}