{
    "type": "ETF",
    "ucits": true,
    "fund_name": "WisdomTree Japan Equity UCITS ETF - USD Acc",
    "investment_objective": "Track the price and yield performance of the WisdomTree Japan Dividend UCITS Index, a rules-based, fundamentally weighted index of dividend-paying Japanese companies selected based on revenue exposure and composite risk score (quality and momentum).",
    "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 Dividend UCITS Index by investing in a representative sample of the underlying equity securities. 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 is standard and does not imply complexity under MiFID II. The risk profile is medium (4 out of 7), consistent with equity market risk, with no leverage or inverse exposure. The fund is UCITS compliant, with a straightforward dividend-weighted index strategy focusing on liquid Japanese equities. No capital protection or structured features are present. Costs are simple with a TER of 0.40%, no performance fees, and no swap fees. The PRIIPs KID confirms no complexity warnings or comprehension warnings. The monthly factsheet confirms physical full replication and no use of derivatives for investment exposure. Overall, the fund exhibits none of the complexity indicators such as synthetic replication, leverage, complex underlying assets, or capital protection mechanisms that would classify it as complex under MiFID II."
}