{
    "type": "ETF",
    "ucits": true,
    "fund_name": "WisdomTree Artificial Intelligence UCITS ETF - USD Acc",
    "investment_objective": "Track the price and yield performance of the Nasdaq CTA Artificial Intelligence Index",
    "primary_asset_class": "Equity",
    "geographic_focus": "Global, with majority exposure to US equities (~78%) and other countries including Netherlands, South Korea, Israel, Taiwan, Japan, China, France, UK",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the Nasdaq CTA Artificial Intelligence Index by investing in a representative sample of equities, as confirmed by the factsheet stating 'Replication Method: Physical (fully replicated)'. There is no mention of synthetic replication, swap agreements, or derivative instruments used for investment exposure. The Fund may use repurchase/reverse repurchase agreements and stock lending solely for efficient portfolio management, which does not constitute inherent derivative exposure. No leverage or inverse exposure is indicated. The underlying assets are equities of companies engaged in AI, which are liquid and transparent securities. The risk profile is medium-high (5/7) reflecting equity market volatility and sector concentration, but not complexity from derivatives or structured products. Costs are straightforward with a TER of 0.40%, no performance fees, and no swap fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the Fund exhibits a straightforward index-tracking strategy with physical replication and direct investment in equities, leading to a non-complex classification under MiFID II."
}