{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers MSCI Fintech Innovation UCITS ETF",
    "investment_objective": "To track the performance before fees and expenses of the MSCI ACWI IMI Fintech Innovation Select Screened 100 Index",
    "primary_asset_class": "Equity",
    "geographic_focus": "Global (Developed and Emerging Markets)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication by buying all or a substantial number of the securities in the index, with no mention of synthetic replication or swap agreements. The fund may use derivatives only for risk management purposes, not as an inherent part of the investment strategy, so derivatives are marked false. There is no leverage or inverse exposure. The underlying assets are equities of companies globally involved in fintech innovation, screened for ESG criteria, with no complex structured products or contingent bonds. The risk profile is medium-high (risk level 5 out of 7), reflecting market volatility and emerging market exposure, but not complexity from product structure. Costs are straightforward with a single ongoing charge of 0.30%, no performance fees, and no swap or derivative fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. The factsheet confirms direct physical replication and no use of swaps. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}