{
    "type": "ETF",
    "ucits": true,
    "fund_name": "European Green Deal UCITS ETF",
    "investment_objective": "Track the price and yield performance of the SGI European Green Deal ESG Screened Index",
    "primary_asset_class": "Equity",
    "geographic_sector_focus": "European companies with at least 20% revenue exposure to Clean Energy, Sustainable Mobility, Building and Renovation, or Circular Economy sectors",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF employs a passive management strategy with physical replication, investing directly in the underlying securities of the SGI European Green Deal ESG Screened Index. There is no mention of synthetic replication, swap agreements, or derivative instruments used for investment purposes. The fund is UCITS compliant, with no leverage or inverse exposure. The risk profile is medium-high (5/7), reflecting market and sector risks rather than structural complexity. The PRIIPs KID includes a comprehension warning indicating the product may be difficult to understand, but this relates to market risk and ESG thematic exposure rather than derivative or structural complexity. Charges are straightforward with no performance fees or swap fees. The fund invests in liquid equities with no capital protection or structured features. Counterparty risk is mentioned only in the context of securities lending, which is a common practice and does not imply complexity under MiFID II. Overall, the fund's structure and investment approach align with a non-complex classification under MiFID II."
}