{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the S&P 500 Net Zero 2050 Paris-Aligned ESG+ Net Total Return Index. There is no mention of synthetic replication, swaps, or leverage in the KIID or fact sheet. The underlying index consists of equity securities from the S&P 500, which are straightforward and liquid. The ETF is UCITS-compliant, indicating adherence to strict regulatory standards for transparency and investor protection. The risk profile is typical for an equity ETF, with no indications of complex structures or significant counterparty risk beyond standard market risks. The fact sheet confirms physical replication and a tracking error of less than 1%, further supporting the non-complex classification.",
    "confidence": 95
}