{
    "fund_name": "SPDR S&P U.S. Consumer Staples Select Sector UCITS ETF (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 tracks the S&P Consumer Staples Select Sector Daily Capped 35/20 Index using physical replication, investing primarily in securities included in the index. It does not use synthetic replication, leverage, inverse strategies, or derivatives beyond what is necessary for efficient portfolio management. The fund's risk profile is rated as 6, indicating high volatility, but this is consistent with the underlying equity market exposure. The KIID and fact sheet confirm physical replication and no material derivative usage beyond standard ETF operations. The fund is UCITS-compliant, further supporting its non-complex classification under MiFID II.",
    "confidence": 95
}