{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers MSCI Malaysia UCITS ETF",
    "investment_objective": "To reflect the performance of the MSCI Malaysia TRN Index by buying all or a substantial number of the securities in the index",
    "primary_asset_class": "Equity",
    "geographic_focus": "Malaysia",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant equity ETF physically replicating the MSCI Malaysia TRN Index by direct purchase of underlying securities. The KIID and PRIIPs documents confirm the fund uses physical replication and only employs derivatives for risk management purposes, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, or counterparty risk exposure. The fund does not use leverage or inverse strategies. The risk profile is medium (4 out of 7), consistent with emerging market equity exposure, but does not indicate complexity. The factsheet confirms direct replication with 33 index constituents and no synthetic or swap-based replication. Costs are straightforward with a 0.50% ongoing charge and no performance fees or swap fees. Securities lending is minimal and revenue sharing does not increase costs. There are no capital protection or structured features. The index tracked is a standard MSCI equity index without complex derivatives or contingent bonds. No PRIIPs comprehension warnings or complexity flags are present. Overall, the fund exhibits a clear, linear relationship to the underlying index performance and invests directly in liquid, transparent securities, supporting a non-complex classification under MiFID II."
}