{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The WisdomTree Renewable Energy UCITS ETF seeks to track the WisdomTree Renewable Energy Index using a passive management approach with a representative sampling strategy. The fund employs physical replication as confirmed by the factsheet stating 'Physical (fully replicated)' and 'Physically Backed'. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments as part of the investment strategy. The fund may use repurchase/reverse repurchase agreements and stock lending solely for efficient portfolio management, which does not constitute inherent derivative use for investment purposes. There is no leverage or inverse exposure indicated. The underlying assets are equities in renewable energy companies, which are liquid and transparent securities. The risk profile is medium-high (5 out of 7) mainly due to equity market volatility and sector concentration, not due to structural complexity or derivative usage. Costs are straightforward with a TER of 0.45%, no performance fees, and no swap or derivative fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. The index tracked is fundamentally weighted and rebalanced semi-annually, with no complex structured products or contingent bonds involved. Therefore, the ETF does not meet the MiFID II criteria for a complex financial instrument."
}