{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers MSCI Global SDG 7 Affordable and Clean Energy UCITS ETF",
    "replication_method": "physical",
    "leverage": false,
    "inverse": false,
    "derivatives": false,
    "swaps": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant fund physically replicating the MSCI ACWI IMI SDG 7 Affordable and Clean Energy Select Index by direct purchase of underlying securities, as confirmed by the factsheet stating 'Direct Replication (physically)'. The KIID and PRIIPs KID documents mention that the fund 'may employ techniques and instruments in order to manage risk, reduce costs and improve results' including derivatives, but this is for risk management purposes only, not as an inherent part of the investment strategy, so derivatives are marked false. There is no mention of synthetic replication, swap agreements, or counterparty risk exposure. The fund does not use leverage or inverse strategies, and the risk indicator is moderate (5 out of 7), consistent with equity market risk rather than complexity. The underlying assets are equities with ESG and SDG 7 thematic focus, with no complex structured products or contingent bonds. No capital protection or structured features are present. Costs are straightforward with a single ongoing charge of 0.35% and no performance fees or swap fees. The index tracked is transparent and liquid, with 94 constituents, and no complex derivatives embedded in the index. There are no complexity flags such as contingent convertible bonds, leverage, or synthetic replication. The PRIIPs KID does not carry any comprehension warnings or complexity disclaimers. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}