{
    "type": "ETF",
    "ucits": true,
    "fund_name": "WisdomTree Europe Equity UCITS ETF - CHF Hedged Acc",
    "investment_objective": "Track the price and yield performance of the WisdomTree Europe Equity UCITS Index with Eurozone dividend-paying companies, fundamentally weighted, with currency hedging to neutralise Euro/CHF fluctuations.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Eurozone companies with significant global revenue exposure (50%+ revenue outside Europe)",
    "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 equity securities from Eurozone dividend-paying companies. The fund uses forward foreign exchange contracts solely for currency hedging purposes (Euro vs Swiss Franc), which is a risk management technique rather than an inherent part of the investment strategy, so derivatives usage is not considered complex here. There is no mention of synthetic replication, swap agreements, total return swaps, or counterparty exposure related to derivatives. The fund is UCITS compliant and employs a straightforward fundamentally weighted dividend index. The risk profile is medium (4 out of 7) in the PRIIPs KID, reflecting equity market risks and currency hedging risks, but no leverage or complex structured products are involved. Costs are simple with a TER of 0.35%, no performance fees, and no swap fees. The monthly factsheet confirms physical full replication and no use of swaps for index exposure. The currency hedging is implemented via forward contracts rolled monthly, which is standard and not complex under MiFID II. No capital protection or structured features are present. The fund invests directly in liquid, transparent equity securities. The PRIIPs KID does not include any comprehension warnings or complexity flags. Therefore, the ETF does not meet the MiFID II criteria for a complex financial instrument."
}