{
    "ucits": true,
    "type": "ETF",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": "None",
    "classification": "non-complex",
    "supporting_data": "The BNP Paribas Easy ESG Enhanced World UCITS ETF is a UCITS-compliant ETF, which under MiFID II is automatically classified as non-complex unless it is a structured UCITS or uses complex portfolio management techniques[1]. The fund's objective is to provide exposure to developed equity markets with an ESG overlay, tracking the MSCI World Net Total Return USD Index. It uses physical replication (holding underlying securities), and while it applies an active ESG integration strategy, there is no evidence of synthetic replication, significant derivative use, leverage, swaps, or inverse strategies. The fund's structure, risks, and investment policy are transparent and straightforward, and it does not hold complex bonds, structured products, or other instruments that would introduce opacity or advanced risks. The UCITS presumption of non-complexity is not overturned by any features in the KID or prospectus, and there is no indication of embedded derivatives, contingent convertible bonds, or other complex mechanisms that would require an appropriateness test under MiFID II[1][2]. Therefore, the ETF is non-complex."
}