{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Xtrackers SLI UCITS ETF aims to replicate the SLI Swiss Leader Index by direct physical replication, purchasing all or a substantial number of the underlying securities. The fund is UCITS compliant and uses derivatives only for risk management purposes, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, or funded/unfunded swaps. Leverage or inverse exposure is not present. 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, without additional complexity flags such as capital protection or structured features. Costs are straightforward with a TER of 0.25% 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 leverage. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance, with minimal derivative use solely for risk management, and no complex underlying assets or capital protection mechanisms. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}