{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Robeco Dynamic Theme Machine UCITS ETF USD Acc",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The Robeco Dynamic Theme Machine UCITS ETF is an actively managed equity ETF investing primarily in equities and equity-related securities of companies in developed markets. The fund uses physical replication, directly purchasing underlying securities, as confirmed by the factsheet stating 'Physical' fund management approach and no mention of synthetic replication or swap usage. There is no indication of leverage, inverse exposure, or capital protection mechanisms. The fund's risk profile is medium (4 out of 7), consistent with an equity fund without complex derivative strategies. The KIID and PRIIPs KID mention that the fund 'may use financial derivatives' but only for risk management purposes, not as an inherent part of the investment strategy, so derivatives are marked false. There is no mention of swap agreements, total return swaps, or counterparty risk beyond standard collateralized derivative counterparty risk disclosures. The underlying assets are liquid equities, with no complex structured products or contingent bonds. Costs are straightforward with a single ongoing charge (0.55%) and no performance fees or swap fees. The fund is UCITS compliant and does not have any capital protection or structured features. The PRIIPs KID does not carry any comprehension warnings or complexity flags. Overall, the fund exhibits none of the MiFID II complexity triggers such as synthetic replication, leverage, complex underlying assets, or capital protection. Therefore, it is classified as non-complex."
}