{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The WisdomTree Megatrends UCITS ETF is a UCITS-compliant equity ETF that physically replicates the WisdomTree Global Megatrends Equity Index. The KIID and PRIIPs KID confirm the fund invests primarily in a representative sample of global equities aligned with megatrend themes, using a fully physical replication method as stated explicitly in the factsheet. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments used for investment exposure. The fund may engage in repurchase/reverse repurchase agreements and securities lending solely for efficient portfolio management, which is common and does not imply synthetic exposure. There is no leverage or inverse exposure, and the risk profile is medium-high (5/7) reflecting equity market risks and thematic concentration, not complexity from derivatives or leverage. The underlying assets are listed equities, liquid and transparent, with no complex structured products or contingent bonds. No capital protection or structured features are present. Costs are straightforward with a single ongoing charge (TER) of 0.50%, no performance fees, and no swap or derivative fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the fund\u2019s structure, replication, and risk disclosures align with a non-complex classification under MiFID II."
}