{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers Euro Stoxx Quality Dividend UCITS ETF",
    "investment_objective": "To replicate the performance of the Euro STOXX\u00ae QUALITY DIVIDEND 50 index, which reflects 50 high quality, high dividend-paying and low volatility shares within the Euro STOXX\u00ae index.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Eurozone",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the Euro STOXX Quality Dividend 50 Index by direct purchase of underlying securities, as confirmed by the factsheet stating 'Direct Replication (physically)'. There is no mention of synthetic replication, swap agreements, or total return swaps in the KIID, PRIIPs KID, or factsheet. The fund may use derivatives only for risk management purposes, which does not trigger complexity classification. The fund is UCITS compliant. The risk profile is medium (4 out of 7), consistent with equity market risk but not indicative of complexity. No leverage, inverse or amplified return features are present. The fund invests in liquid, transparent equity securities with a clear, linear relationship to the underlying index. Costs are straightforward with no performance fees or swap fees. Securities lending is minimal and disclosed transparently. The index tracked is rules-based but not complex or structured with contingent features. No capital protection or structured product features are present. No significant counterparty risk is disclosed. The PRIIPs KID does not carry any comprehension warnings or complexity flags. Overall, the ETF is a standard physical replication equity ETF with no inherent complexity under MiFID II criteria."
}