{
    "fund_name": "iShares MSCI Europe Consumer Staples",
    "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 Europe Consumer Staples 20/35 Capped Index, investing directly in equity securities of large and mid-cap companies in the consumer staples sector. While it mentions the potential use of financial derivative instruments (FDIs) for direct investment purposes, there is no indication of synthetic replication, leverage, or inverse strategies. The risk profile is rated 5, which is moderate, and the fund's structure is straightforward with no capital protection mechanisms or complex structured features. The underlying assets are liquid equities, and the fund's objective is clear and transparent. The PRIIPs KID and factsheet confirm the physical replication method and absence of swap-based strategies. The fund's complexity factors align with typical equity ETFs, making it suitable for retail investors.",
    "confidence": 95
}