{
    "type": "ETF",
    "ucits": true,
    "fund_name": "MSCI Japan ESG Filtered Min TE",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant exchange-traded fund that seeks to replicate the MSCI Japan ESG Filtered Min TE Index using either full physical replication or optimized sampling of underlying shares. There is no mention of synthetic replication, swap agreements, or derivative instruments as part of the investment strategy. The fund invests directly in shares of Japanese companies selected based on ESG criteria, with a focus on minimizing tracking error. The risk profile is moderate (risk level 4 out of 7), consistent with equity market exposure, without leverage or inverse exposure. The factsheet confirms no use of derivatives or swaps, and the underlying assets are liquid equities. Costs are straightforward with no performance fees or swap fees. The PRIIPs KID confirms the product is designed for retail investors without requiring specific investment knowledge and does not carry a complexity warning. There are no capital protection or structured features. Overall, the fund exhibits a clear, linear relationship to the underlying index performance and uses physical replication, leading to a non-complex classification under MiFID II."
}