{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers Harvest FTSE China A-H 50 UCITS ETF",
    "investment_objective": "To reflect the performance of the FTSE China A-H 50 Index, which tracks the 50 largest companies incorporated in the People's Republic of China and traded on the Shanghai, Shenzhen, and Hong Kong Stock Exchanges.",
    "primary_asset_class": "Equity",
    "geographic_focus": "China (Mainland China and Hong Kong)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses direct physical replication by purchasing all securities in the FTSE China A-H 50 Index, 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 or inverse exposure. The underlying assets are large-cap Chinese equities, which are liquid and transparent, though subject to emerging market and country-specific risks. The risk profile is medium-high (5 out of 7), reflecting market volatility and emerging market risks, not structural complexity. No capital protection or structured features are present. Costs are straightforward with a single ongoing charge of 0.65% and no performance fees or swap fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. The fund is UCITS compliant, which imposes regulatory constraints limiting complexity. Overall, the fund exhibits a straightforward, physical index tracking strategy with no embedded leverage, swaps, or complex underlying assets, leading to a non-complex classification under MiFID II."
}