{
    "fund_name": "SPDR S&P Global Dividend Aristocrats Screened UCITS ETF (Dist)",
    "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 Global Dividend Aristocrats Screened Quality Income Index, which consists of high-dividend-yielding equities globally. The KIID and PRIIPs documents confirm no use of synthetic replication, swaps, or leverage. The fund invests primarily in securities included in the index, with no mention of derivatives beyond potential use for efficient portfolio management (not as an inherent element of the strategy). The index itself is a straightforward equity index with ESG screening, and the fund's risk profile (category 6) aligns with the volatility of high-dividend equities. The fact sheet further confirms physical replication and no derivative exposure beyond standard EPM. No complexity factors (e.g., capital protection, contingent bonds, or structured products) are present.",
    "confidence": 95
}