{
    "type": "ETF",
    "ucits": true,
    "fund_name": "WisdomTree Cybersecurity UCITS ETF - USD Acc",
    "investment_objective": "Track the price and yield performance of the WisdomTree Team8 Cybersecurity UCITS Index, which focuses on companies primarily involved in cybersecurity products.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Primarily United States (85.74%), Israel (9.60%), Japan (4.66%)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the WisdomTree Team8 Cybersecurity UCITS Index by investing directly in equity securities of companies involved in cybersecurity. The fund uses a representative sampling approach but aims for full physical replication as per the factsheet. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments used for investment purposes. The fund may use repurchase/reverse repurchase agreements and stock lending solely for efficient portfolio management, which does not trigger derivative exposure classification. The risk profile is medium-high (5/7) due to equity market volatility and sector concentration, not due to structural complexity. No leverage, inverse or amplified return features are present. The fund is UCITS compliant with a TER of 0.45%, no performance fees, and no complex fee structures. The underlying assets are liquid equities with no contingent convertible bonds or complex structured products. The PRIIPs KID does not include any comprehension warnings or complexity flags. The fund's strategy and holdings are straightforward, with a clear linear relationship to the underlying index performance. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}