{
    "type": "ETF",
    "ucits": true,
    "fund_name": "WisdomTree Japan Equity UCITS ETF - USD Hedged Acc",
    "investment_objective": "Track the price and yield performance of the WisdomTree Japan Hedged Equity UCITS Index, with currency hedging to neutralize JPY/USD fluctuations",
    "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 WisdomTree Japan Hedged Equity UCITS Index by investing in a representative sample of dividend-paying Japanese equities. The fund uses forward foreign exchange contracts solely for currency hedging purposes, not as an inherent part of the investment strategy, which does not trigger derivative complexity under MiFID II. There is no use of swap agreements, total return swaps, or synthetic replication. The fund is UCITS compliant and employs no leverage or inverse exposure. The risk profile is medium (SRRI 4 out of 7), consistent with equity market exposure and currency hedging risks. The fund does not have capital protection or structured features. Costs are straightforward with a TER of 0.48%, no performance fees, and no complex fee structures. Counterparty risk is disclosed but limited to operational and hedging counterparties, typical for currency forwards. The index tracked is fundamentally weighted and dividend-based but does not include complex structured products or contingent convertible bonds. The PRIIPs KID confirms the product is intended for basic retail investors with medium risk tolerance and no complexity warnings or comprehension warnings. The monthly factsheet confirms physical replication and no synthetic or swap-based replication. Overall, the ETF exhibits characteristics of a non-complex financial instrument under MiFID II."
}