{
    "fund_name": "Invesco MSCI World Equal Weight UCITS ETF",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [
        "Physical replication with sampling approach",
        "No leverage or inverse exposure",
        "No synthetic replication or swap usage",
        "Transparent index tracking strategy"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication with a sampling approach to track the MSCI World Equal Weighted Index. There is no mention of synthetic replication, swaps, leverage, or inverse strategies. The fund's risk profile is straightforward, and the underlying index is transparent. The use of derivatives is limited to efficient portfolio management (e.g., securities lending), which does not trigger complexity under MiFID II. The fund is UCITS-compliant, further supporting its non-complex classification.",
    "confidence": 95
}