{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Robeco 3D EM Equity UCITS ETF USD Acc",
    "primary_asset_class": "equity",
    "geographic_focus": "emerging markets",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The Robeco 3D EM Equity UCITS ETF is an actively managed equity ETF investing in emerging market stocks, aiming to outperform the MSCI Emerging Markets Index. The KIID and PRIIPs KID documents indicate the fund uses a quantitative stock selection process with discretion over portfolio composition but do not mention any use of synthetic replication, swap agreements, total return swaps, or derivative instruments as part of the investment strategy. The fund may use derivatives for risk management, but this is not an inherent element of the strategy, so derivatives are marked false. There is no indication of leverage, inverse exposure, or capital protection mechanisms. The risk profile is medium (4 out of 7), consistent with emerging market equity risk, but no complexity flags such as counterparty risk or structured product features are present. Costs are straightforward with no performance fees or swap fees. The fund is UCITS compliant and uses physical replication or direct investment in underlying securities. No complex underlying assets like contingent convertible bonds or CLOs are held. The PRIIPs KID does not include any comprehension warnings or complexity flags. Therefore, the fund is classified as non-complex under MiFID II."
}