{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers Euro Stoxx 50 UCITS ETF",
    "investment_objective": "To replicate the performance of the Euro STOXX 50\u00ae index by buying all or a substantial number of the securities in the 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 fund aims to physically replicate the Euro STOXX 50\u00ae 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 under MiFID II. There is no leverage, inverse or amplified exposure language. The underlying assets are large-cap, liquid Eurozone equities with no complex structured products or contingent bonds. The risk profile is medium (4 out of 7) in the PRIIPs KID, reflecting normal market risk rather than complexity. Costs are straightforward with a low ongoing charge (0.09%) and no performance fees or swap fees. Securities lending is minimal and disclosed transparently. No capital protection or structured features are present. 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 with minimal derivative use and no leverage, qualifying it as non-complex under MiFID II."
}