{
    "type": "ETF",
    "ucits": true,
    "fund_name": "WisdomTree Japan Equity UCITS ETF - EUR Hedged Acc",
    "investment_objective": "Track the price and yield performance of the WisdomTree Japan EUR-Hedged Equity UCITS Index, a fundamentally weighted dividend-paying Japanese equity index with currency hedging to neutralise JPY/EUR 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 underlying index, investing directly in a representative sample of dividend-paying Japanese equities. The index is fundamentally weighted and rebalanced annually, with no use of synthetic replication or swap agreements. Currency risk is managed via forward foreign exchange contracts (for hedging), which are used solely for risk management and not as an inherent part of the investment strategy, so derivatives usage is considered false. There is no leverage, inverse exposure, or capital protection features. The risk profile is moderate (4/7), consistent with equity market exposure and currency hedging. The fund is UCITS compliant, with a straightforward index-tracking objective and transparent holdings. No complex underlying assets such as contingent convertible bonds or CLOs are held. The PRIIPs KID does not include any comprehension warnings or complexity flags. The monthly factsheet confirms physical replication and no synthetic or swap-based replication. The use of forward currency contracts for hedging is standard and does not trigger complexity under MiFID II. Costs are simple with a TER of 0.45%, no performance fees, and no swap fees. Overall, the fund's structure and documentation indicate a non-complex classification under MiFID II."
}