{
    "ucits": true,
    "type": "ETF",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": "None identified",
    "classification": "non-complex",
    "supporting_data": "The UBS (Irl) ETF plc - Global Gender Equality UCITS ETF is a UCITS-compliant, physically replicated ETF tracking a transparent equity index. It does not engage in securities lending, does not use significant leverage, and does not rely on synthetic replication or swaps. While the fund may use derivatives for efficient portfolio management (EPM) in exceptional circumstances, such use is not central to its investment objective and is not a material feature of the fund's risk profile. The fund's structure, risks, and objectives are straightforward and can be understood by retail investors with basic knowledge. The fund does not hold complex bonds, structured products, or contingent convertible bonds, and the underlying index is transparent and well-documented. All these factors support a non-complex classification under MiFID II Article 25(4)(a)(iv) and Article 57 of the Delegated Regulation, as confirmed by industry practice and regulatory guidance[1][2]."
}