{
    "name": "WisdomTree US Equity Income UCITS ETF",
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The WisdomTree US Equity Income UCITS ETF is classified as non-complex under MiFID II regulations based on the following key factors: The ETF employs a physical replication strategy, investing directly in a representative sample of the underlying index constituents. There is no evidence of synthetic replication, leverage, or inverse exposure in the investment strategy. The fund does not use derivatives for purposes beyond efficient portfolio management, and there is no mention of swap agreements or complex derivative instruments. The underlying assets are straightforward equity securities of US companies, with no exposure to illiquid or hard-to-value securities. The risk profile is clearly disclosed, with a risk rating of 6 primarily due to equity market risks rather than structural complexity. The fund's objective is transparent, tracking a fundamentally weighted index of high-dividend US equities with ESG screening. While the fund may use repurchase agreements and stock lending for efficient portfolio management, these are standard practices that do not introduce complexity under MiFID II. The KIID and factsheet provide clear, comprehensive information about the fund's strategy, risks, and costs, supporting its classification as non-complex.",
    "confidence": 95
}