{
    "fund_name": "UBS (Irl) ETF plc - MSCI World Socially Responsible UCITS ETF",
    "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 MSCI World SRI Low Carbon Select 5% Issuer Capped Index. It does not employ leverage, inverse strategies, or synthetic replication. The fund's investment objective is straightforward, focusing on equities with high ESG ratings. The KIID and PRIIPs documents confirm no complex derivative usage beyond what's typical for efficient portfolio management. The risk profile is clearly explained as 'lower risk' with a focus on equities, and the fund's volatility aligns with typical equity market behavior. The absence of swap agreements, unfunded swaps, or counterparty risk warnings further supports the non-complex classification. The fund's UCITS compliance and transparent, liquid underlying assets (equities) make it suitable for retail investors.",
    "confidence": 95
}