{
    "leverage": false,
    "derivatives": true,
    "swaps": true,
    "inverse": false,
    "replication_method": "physical",
    "ucits": true,
    "type": "ETF",
    "complex_factors": [
        "Currency hedging using derivatives",
        "ESG screening complexity",
        "Rules-based index methodology"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication for its core strategy (as confirmed in the factsheet) and derivatives only for currency hedging, which is a common and transparent practice in ETFs. The index it tracks is complex due to its ESG screening and rules-based methodology, but this does not inherently make the ETF complex under MiFID II. The fund does not use leverage, inverse strategies, or synthetic replication. The risk profile is clearly communicated, and the fund is UCITS-compliant, indicating it meets regulatory standards for retail investor suitability. The primary complexity factors are the ESG screening and currency hedging, but these are standard for many ETFs and do not trigger a 'complex' classification under MiFID II.",
    "confidence": 90
}