{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers Switzerland UCITS ETF",
    "investment_objective": "To reflect the performance of the Solactive Swiss Large Cap Index (NTR), which tracks the 20 largest Swiss domiciled and listed companies.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Switzerland",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses direct physical replication of the Solactive Swiss Large Cap Index, buying all or a substantial number of the underlying securities. There is no mention of synthetic replication, swap agreements, or total return swaps. The fund may use derivatives only for risk management purposes, not as an inherent part of the investment strategy, so derivatives are marked false. There is no leverage or inverse exposure. The underlying assets are large-cap Swiss equities, which are liquid and transparent. The risk profile is medium (4 out of 7), consistent with equity market risk but not indicating complexity. The fund is UCITS compliant. Costs are straightforward with a TER of 0.30% and no performance fees. Securities lending is minimal and disclosed transparently. The PRIIPs KID does not include any comprehension warnings or complexity flags. The factsheet confirms physical replication and no use of swaps or synthetic structures. Overall, the fund exhibits a clear, linear relationship to the underlying index performance without complex features such as contingent bonds, capital protection, or significant counterparty risk exposure."
}