{
    "ucits": true,
    "type": "ETF",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": "None identified in the KID",
    "classification": "non-complex",
    "supporting_data": "The BNP Paribas Easy ESG Enhanced Japan UCITS ETF (ISIN: IE000YARBD10) is a UCITS-compliant, physically replicated ETF tracking the MSCI Japan Net Total Return EUR Index. The KID does not indicate the use of derivatives for synthetic replication, leverage, swaps, or inverse strategies. The fund is actively managed with an ESG overlay, but this does not introduce structural complexity under MiFID II. The replication method is physical, and there is no evidence of embedded derivatives, contingent convertible bonds, or other features that would make the product difficult for a retail investor with basic knowledge to understand. The risk profile is driven by equity market volatility, not by complex mechanisms. The fund is suitable for medium- to long-term investment and is classified as a UCITS, which is generally presumed non-complex under MiFID II unless specific complex features are present[1]. No such features are disclosed in the provided KID content."
}