{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers S&P ASX 200 UCITS ETF",
    "investment_objective": "To replicate the performance of the S&P/ASX 200 TR index, which reflects the performance of the 200 largest companies listed on the Australian Securities Exchange.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Australia",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses direct physical replication to track the S&P/ASX 200 TR index by buying all or a substantial number of the underlying securities. 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 and invests directly in liquid, transparent Australian equities. The risk profile is medium (4 out of 7), consistent with equity market exposure, without leverage or inverse exposure. No capital protection or structured features are present. Costs are straightforward with a single ongoing charge of 0.50% and no performance fees or swap fees. Securities lending is minimal and revenue sharing does not increase costs. The index tracked is a standard, well-known equity index without complex features. No references to contingent bonds, leverage, or complex derivatives were found. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance and is suitable for retail investors with basic knowledge and experience."
}