{
    "fund_name": "iShares Edge MSCI World Quality Factor USD (Acc)",
    "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 and does not employ synthetic replication methods, swaps, or derivatives for investment purposes. The fund's objective is to track the MSCI World Sector Neutral Quality Index through direct investment in equity securities. While the fund may use optimising techniques and financial derivative instruments (FDIs) for direct investment purposes, the KIID and PRIIPs KID do not indicate extensive or complex derivative usage. The risk profile is rated 6, which is moderate, and the fund's strategy is straightforward, focusing on high-quality equities with stable earnings. There are no indications of leverage, inverse exposure, or capital protection mechanisms. The fund's use of derivatives, if any, appears to be for efficient portfolio management rather than as an inherent element of the strategy. The underlying index is a subset of the MSCI World Index, selected based on quality factors, and does not appear to be complex. The fund's structure is transparent, and the risks are clearly disclosed, making it suitable for retail investors.",
    "confidence": 90
}