{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers MSCI Japan Screened UCITS ETF",
    "investment_objective": "Track the performance of the MSCI Japan Select Screened Index while minimizing foreign currency fluctuations at share class level",
    "primary_asset_class": "Equity",
    "geographic_focus": "Japan",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the MSCI Japan Select Screened Index by buying all or a substantial number of the underlying securities. The fund uses derivatives only for currency hedging purposes to reduce the effect of exchange rate fluctuations between the fund's assets (JPY) and the share class currency (EUR). There is no indication of synthetic replication, swap agreements, or total return swaps. The fund does not employ leverage or inverse strategies. The underlying assets are large and mid-cap Japanese equities screened for ESG criteria, which are liquid and transparent securities. There are no capital protection or structured features. The risk profile is medium-high (risk level 5 out of 7), reflecting market and currency risks typical of equity ETFs, but no complexity flags such as contingent bonds or complex derivatives. Costs are straightforward with a TER of 0.25% and no performance fees. Securities lending is minimal and disclosed transparently. The PRIIPs KID does not contain any comprehension warnings or complexity disclaimers. The factsheet confirms direct physical replication and derivative use limited to currency hedging, supporting the non-complex classification under MiFID II."
}