{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The iShares Core EURO STOXX 50 UCITS ETF is a physically replicated ETF that tracks the EURO STOXX 50 Index. The KIID and PRIIPs documents confirm that the fund uses physical replication, investing directly in the equity securities that make up the index. While the fund may use financial derivative instruments (FDIs) to help achieve its investment objective, the fact sheet clarifies that the fund uses physical replication. The fund does not employ leverage, inverse strategies, or synthetic replication methods. The underlying index is composed of 50 large-cap Eurozone companies, which are relatively straightforward and transparent. The fund's risk profile is rated as medium, and the risks are clearly disclosed, including counterparty risk and market risk. The fund's use of derivatives, if any, is likely limited to efficient portfolio management and does not introduce significant complexity. The fund's structure, transparency, and straightforward investment strategy align with the criteria for a non-complex financial instrument under MiFID II.",
    "confidence": 95
}