{
    "type": "ETF",
    "ucits": true,
    "fund_name": "WisdomTree Emerging Markets SmallCap Dividend UCITS ETF",
    "investment_objective": "Track the price and yield performance of the WisdomTree Emerging Markets Smallcap Dividend UCITS Index, a rules-based, fundamentally weighted index of small-cap dividend-paying companies in emerging markets, screened for quality, momentum, liquidity, and ESG criteria.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Emerging Markets (17 countries including Brazil, China, India, South Korea, Taiwan, etc.)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication with a representative sampling approach to track a fundamentally weighted small-cap emerging markets dividend index. 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. The risk profile is medium (SRRI 4 out of 7), consistent with equity market risk and emerging market volatility, but no leverage or inverse exposure is present. The fund invests directly in liquid equity securities, with no complex underlying assets such as contingent convertible bonds or structured products. Costs are straightforward with a TER of 0.54%, no performance fees, and no swap or derivative fees. The PRIIPs KID confirms the fund is intended for basic retail investors with some investment knowledge, and no comprehension warnings or complexity flags are present. The monthly factsheet confirms physical replication and no use of swaps or synthetic structures. Overall, the fund exhibits a clear, linear relationship to the underlying index performance and does not meet MiFID II criteria for complexity."
}