{
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": true,
    "type": "ETF",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Invesco S&P 500 Equal Weight UCITS ETF is a physically replicated ETF that tracks the S&P 500 Equal Weight Index. It does not use derivatives for leverage, inverse exposure, or synthetic replication. The fund holds all securities in the index in their respective weightings, as confirmed by the KIID and PRIIPs documents. The replication method is explicitly stated as 'physical' in the PRIIPs KID. The fund is UCITS-compliant, which typically aligns with non-complex classification under MiFID II. The risk profile is straightforward, with no mention of complex structures like capital protection, contingent convertible bonds, or structured products. The fund's primary risks are market risk and securities lending risk, which are standard for equity ETFs. There are no indications of complexity in the underlying assets or the index itself. The PRIIPs KID does not include a 'comprehension warning,' further supporting the non-complex classification.",
    "confidence": 95
}