{
    "type": "ETC",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The WisdomTree Core Physical Gold ETC is a physically backed product that directly holds allocated gold bullion. It does not use derivatives, swaps, or leverage, and its performance is directly tied to the spot price of gold. The replication method is physical, with gold bars segregated and individually identified. The risk profile is straightforward, with a risk rating of 4 out of 7, indicating medium risk. The product is designed to be simple and transparent, with no complex features such as capital protection mechanisms or structured returns. The KIID and factsheet confirm that the ETC is backed by physical gold, and there are no indications of derivative usage or complex strategies. The product is intended for retail investors with basic knowledge, and there are no warnings or disclaimers suggesting complexity.",
    "confidence": 95
}