{
    "fund_name": "Xtrackers S&P 500 Equal Weight UCITS ETF",
    "isin": "IE00BLNMYC90",
    "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 Equal Weight Index, investing directly in the underlying securities. While it mentions the potential use of derivatives for risk management, there is no indication of synthetic replication, leverage, or inverse strategies. The risk profile is clearly stated, and the fund is UCITS-compliant, indicating a transparent and regulated structure. The factsheet confirms direct replication (physically) and no swap-based strategies. The absence of complex features like capital protection, contingent bonds, or structured products further supports the non-complex classification.",
    "confidence": 95
}