{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The WisdomTree Emerging Markets Equity Income UCITS ETF physically replicates the WisdomTree Emerging Markets Equity Income UCITS Index by investing directly in a representative sample of the underlying equity securities. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments used as part of the investment strategy. The fund does not employ leverage or inverse exposure, and the risk profile is moderate (4 out of 7), consistent with a straightforward equity ETF. The fund is UCITS compliant and uses physical replication, holding liquid emerging market equities weighted by dividend yield and a composite risk score. The fund may engage in repurchase/reverse repurchase agreements and stock lending solely for efficient portfolio management, which is common and does not imply complexity under MiFID II. No capital protection or structured features are present. Costs are straightforward with a TER of 0.46%, no performance fees, and no swap fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. The monthly factsheet confirms physical replication and no use of derivatives or swaps. Overall, the fund exhibits a clear, linear relationship to the underlying index performance with minimal derivative exposure, making it non-complex under MiFID II."
}