{
    "type": "ETF",
    "ucits": true,
    "fund_name": "First Trust Dow Jones Internet UCITS ETF",
    "investment_objective": "To provide investment results that correspond generally to the price and yield of the Dow Jones Internet Composite IndexSM.",
    "primary_asset_class": "Equity",
    "geographic_sector_focus": "U.S. Internet industry companies",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical full replication of the Dow Jones Internet Composite Index, investing primarily in equity securities included in the index. There is no mention of synthetic replication, swap agreements, or derivative instruments as part of the investment strategy. The fund is UCITS compliant and regulated by the Central Bank of Ireland. The ongoing charges are straightforward with no performance fees or swap fees. The risk profile is high (6 out of 7) due to the volatility of the underlying internet sector equities, not due to structural complexity. The PRIIPs KID confirms no leverage or capital protection features, and the fact sheet explicitly states physical replication with no use of derivatives for investment purposes. The index tracked is a transparent, rules-based equity index with quarterly rebalancing and no complex structured products or contingent bonds. There are no capital protection or structured features. The risk disclosures focus on market and sector risks, not on derivative or counterparty risks. Therefore, the ETF does not meet MiFID II criteria for a complex financial instrument."
}