{
    "complex": false,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": true,
    "type": "ETF",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The UBS (Lux) Factor MSCI EMU Prime Value Screened UCITS ETF uses physical replication (full replication) as confirmed in the factsheet, which is a non-complex replication method. The KIID and PRIIPs documents do not mention any use of derivatives, swaps, or synthetic replication. The fund invests in equities with a straightforward objective of tracking the MSCI EMU Prime Value Advanced Target Select Index. The risk profile is rated as 6 (high volatility), but this is typical for equity ETFs and does not indicate complexity. The fund is UCITS-compliant, which implies adherence to strict transparency and investor protection standards. There are no indications of leverage, inverse exposure, or structured features that would trigger a 'complex' classification under MiFID II.",
    "confidence": 95
}