{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Global X Wind Energy UCITS ETF",
    "investment_objective": "To provide investment results that generally correspond, before fees and expenses, to the price and yield performance of the Solactive Wind Energy v2 Index.",
    "primary_asset_class": "Equity",
    "geographic_sector_focus": "Global companies involved in wind energy sector, including wind energy systems, power production, technology, and integration & maintenance.",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Global X Wind Energy UCITS ETF is a UCITS-compliant equity ETF that physically replicates the Solactive Wind Energy v2 Index by directly investing in underlying securities of companies engaged in wind energy sectors globally. There is no mention of synthetic replication, swap agreements, or derivative instruments used for investment purposes. The fund does not employ leverage or inverse strategies, nor does it have capital protection or structured features. The risk profile is medium-high (risk category 5-6), reflecting market volatility and sector-specific risks, but not complexity from derivatives or leverage. Costs are straightforward with a capped ongoing charge of 0.50%, no performance fees, and no swap or derivative fees. The PRIIPs KID confirms no complexity warnings or comprehension warnings. The fund uses physical replication and invests directly in liquid equities, with no exposure to complex underlying assets such as contingent convertible bonds or CLOs. Securities lending is mentioned but does not increase fund complexity under MiFID II. Overall, the fund\u2019s structure and documentation indicate a non-complex classification under MiFID II."
}