{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Currency hedging using forward exchange contracts.",
            "Index selection based on revenue exposure and Composite Risk Score (CRS).",
            "Fundamentally weighted index."
        ],
        "classification": "complex",
        "supporting_data": "The ETF is UCITS compliant. It uses a physical replication method, investing in a representative sample of the index's components and forward foreign exchange contracts to hedge currency risk. The index is rule-based and fundamentally weighted, composed of dividend-paying companies selected based on revenue exposure and a composite risk score (CRS), leading to a tilt towards companies with a global revenue base. The index also excludes companies based on WisdomTree's environmental, social and governance criteria. While the ETF uses physical replication, the currency hedging using forward contracts and the complex index construction introduces elements that may be difficult for a retail investor to understand. This hedging methodology consists of entering into forward exchange contracts (contracts between two parties to buy or sell a specific currency in the future at an agreed upon exchange rate) in order to hedge the Euro exposure arising as a result of the difference between the Euro and the Swiss Franc. The use of a Composite Risk Score to select companies for the index and the weighting method adjusting Dividend streams introduces further complexity to the product. Therefore, the ETF is classified as complex under MiFID II."
    }
}