{
    "complex": false,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": true,
    "type": "ETF",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers MSCI World Screened UCITS ETF (1D) is classified as non-complex under MiFID II based on the following analysis: 1. Physical Replication: The factsheet explicitly states the fund uses 'Direct Replication (physically)' to track the MSCI World Select Screened Index, meaning it directly invests in the underlying securities rather than using derivatives or swaps. 2. No Leverage or Inverse Exposure: There is no mention of leverage, inverse strategies, or amplified returns in either the KIID or factsheet. 3. UCITS Compliance: The fund is a UCITS-compliant ETF, which inherently limits the use of complex strategies and derivatives beyond efficient portfolio management. 4. Transparent Index: The underlying index (MSCI World Select Screened) is a rules-based, liquid equity index with clear ESG screening criteria, making it easily understandable for retail investors. 5. Risk Profile: The fund's risk profile (category 6) is consistent with a broad equity ETF, and the KIID does not contain warnings about complexity or suitability for retail investors. 6. Derivative Usage: While the KIID mentions the fund 'may use derivatives to manage its investments more efficiently,' this is a standard disclosure for UCITS ETFs and does not indicate extensive or complex derivative usage. The factsheet confirms no securities lending revenue, further reducing complexity. 7. No Capital Protection or Structured Features: The fund does not offer capital guarantees, principal protection, or structured returns, which are common complexity triggers.",
    "confidence": 95
}