{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers Euro Stoxx 50 UCITS ETF aims to replicate the Euro STOXX 50\u00ae index by physically purchasing all or a substantial number of the underlying shares, as confirmed by the factsheet stating 'Direct Replication (physically)'. The KIID and PRIIPs KID mention that derivatives may be used only for risk management or cost reduction purposes, not as an inherent part of the investment strategy, which means derivative use is incidental and does not trigger complexity. There is no mention of synthetic replication, swap agreements, or counterparty risk exposure. The fund does not employ leverage, inverse or amplified exposure, nor does it invest in complex underlying assets such as contingent convertible bonds or structured products. The risk profile is medium (4 out of 7), consistent with a straightforward equity index tracking fund. Costs are simple, with a low ongoing charge of 0.09% and no performance fees or swap fees. Securities lending is minimal and revenue sharing is disclosed but does not increase costs. No capital protection or structured features are present. The PRIIPs KID does not carry any comprehension warnings or complexity flags. Overall, the fund exhibits a clear, linear relationship to the underlying index performance, invests directly in liquid, transparent securities, and uses derivatives only incidentally for risk management, leading to a non-complex classification under MiFID II."
}