{
    "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 ETF uses physical replication to track the MSCI UK IMI SRI Filtered PAB Index, with direct investments in transferable securities representing the index constituents. While it may use derivatives for managing inflows/outflows and securities lending, there is no indication of synthetic replication, leverage, or inverse strategies. The risk profile is straightforward (equity market risk), and the fund is UCITS-compliant, designed for retail investors. The index itself is a standard equity index with ESG and climate alignment features, not a complex or structured product. No capital protection mechanisms or contingent bonds are mentioned. The fund's low tracking error (0.10-0.14%) and low volatility (10.94-15.32%) further support its non-complex classification.",
    "confidence": 95
}