{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Robeco 3D Global Equity UCITS ETF USD Acc",
    "investment_objective": "Actively managed equity ETF investing in developed markets stocks applying a proprietary quantitative '3D' strategy targeting returns and sustainability characteristics better than the MSCI World Index benchmark.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Developed markets globally, with significant US exposure (~72%)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant, physically replicated, actively managed equity fund tracking the MSCI World Index with a proprietary quantitative stock selection process. There is no mention of synthetic replication, swap agreements, or derivative instruments used for investment exposure. The fund may use derivatives for risk management, but this is not an inherent part of the investment strategy, so derivatives are marked false. There is no leverage, inverse or amplified exposure. The underlying assets are liquid equities in developed markets, with no complex structured products or contingent bonds. The risk profile is medium (4/7), consistent with equity market risk, and no capital protection or structured features are present. Costs are straightforward with a single ongoing charge of 0.25%, no performance fees, and no swap or derivative fees. Counterparty risk is mentioned only in the context of collateralized derivatives used for risk management, not for synthetic exposure. The PRIIPs KID does not include any comprehension warnings or complexity flags. The factsheet confirms physical replication and no use of swaps or synthetic structures. Overall, the fund exhibits characteristics of a non-complex ETF under MiFID II criteria."
}