{
    "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 China Tech IMI All Share Stock Connect Filtered Index, with direct investments in transferable securities representing the index constituents. While it mentions the possibility of using derivatives for managing inflows/outflows and better exposure to index constituents, this is not indicative of a complex strategy. The risk profile is straightforward (equity risk in emerging markets), and there are no signs of leverage, inverse strategies, or capital protection features. The fund is UCITS-compliant, which typically aligns with non-complex classifications. The fact sheet confirms physical replication and no swap usage, reinforcing the non-complex determination.",
    "confidence": 95
}