{
    "type": "ETF",
    "ucits": true,
    "fund_name": "WisdomTree Energy Transition Metals and Rare Earths Miners UCITS ETF - USD Acc",
    "investment_objective": "Track the price and yield performance of the WisdomTree Energy Transition Metals and Rare Earths Miners Index, which focuses on companies involved in the energy transition metals value chain.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Global, with top country exposures including China, United States, Australia, Japan, Canada, UK, Indonesia, South Korea, Norway, Germany",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical (fully replicated) replication as confirmed by the factsheet. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments as part of the investment strategy. The fund invests directly in equity securities of companies involved in the energy transition metals sector, with a representative sampling approach when full replication is impractical. The fund is UCITS compliant and does not employ leverage, inverse or amplified returns. The risk profile is medium-high (5/7) reflecting equity market risks and sector concentration, but no complexity flags such as capital protection, contingent bonds, or structured products are present. The KIID and PRIIPs KID do not indicate significant counterparty risk or derivative usage beyond efficient portfolio management (e.g., repurchase agreements and stock lending), which is standard and not considered inherent derivative exposure. Costs are straightforward with a TER of 0.50% and no performance fees or swap fees. The index tracked is fundamentally weighted and ESG screened but does not involve complex derivative indices or contingent convertible bonds. No comprehension warnings or complexity disclaimers are present in the PRIIPs KID. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}