{
    "type": "ETF",
    "ucits": true,
    "fund_name": "First Trust Nasdaq\u00ae Clean Edge\u00ae Green Energy UCITS ETF",
    "investment_objective": "To replicate the performance of the Nasdaq\u00ae Clean Edge\u00ae Green Energy IndexSM by investing primarily in equity securities included in the Index.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Primarily United States (93.32%), with minor exposure to Canada, India, Chile, Israel, UK, Taiwan, Spain",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses full physical replication of the Nasdaq\u00ae Clean Edge\u00ae Green Energy IndexSM, investing directly in the underlying equity securities or depository receipts where direct investment is not possible. There is no mention of synthetic replication, swap agreements, or derivative instruments used for investment purposes. The fund does not employ leverage or inverse strategies. The risk profile is high (risk level 6-7) due to the volatility of the underlying clean energy equity sector and exposure to VIE structures in China, but this risk arises from market and geopolitical factors rather than structural complexity of the product. The fund is UCITS compliant, with a straightforward index-tracking objective, and no capital protection or structured features. Costs are simple with a single ongoing charge of 0.60%, no performance fees, and no swap or derivative fees. The PRIIPs KID confirms no complexity warnings or comprehension warnings typical of complex products. The monthly factsheet confirms physical full replication and no use of derivatives or swaps. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}