{
    "type": "ETF",
    "ucits": true,
    "fund_name": "WisdomTree Europe SmallCap Dividend UCITS ETF",
    "investment_objective": "Track the price and yield performance of the WisdomTree Europe SmallCap Dividend UCITS Index Euro, a fundamentally weighted, dividend-weighted index of small-cap European dividend-paying companies screened for quality and momentum.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Europe (including Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the underlying index by holding a representative sample of the index's equity securities, as confirmed by the factsheet stating 'Physical (fully replicated)'. There is no mention of synthetic replication, swap agreements, total return swaps, 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 (4 out of 7) in the PRIIPs KID, reflecting typical equity market risks without leverage or complex derivative usage. No leverage, inverse or amplified return features are present. The fund invests directly in liquid, transparent equity securities of small-cap European companies, screened for quality and momentum, with ESG criteria applied. There are no capital protection or structured product features. Fees are straightforward with a TER of 0.38%, no performance fees, and no swap or derivative fees. Counterparty risk disclosures relate to operational and custody risks, not to swap counterparties. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the fund's structure, replication method, underlying assets, and risk disclosures align with a non-complex classification under MiFID II."
}