{
    "complex": false,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": true,
    "type": "ETF",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The WisdomTree Uranium and Nuclear Energy UCITS ETF is classified as non-complex under MiFID II based on the following analysis: 1. Physical replication method (confirmed in both KIID and PRIIPs documents), 2. No leverage or inverse exposure, 3. No mention of swaps or derivative instruments beyond standard ETF operations, 4. UCITS compliant with straightforward equity exposure to uranium and nuclear energy companies, 5. Risk profile is clearly disclosed and aligns with the fund's investment strategy. The PRIIPs document confirms the fund uses physical replication and there are no comprehension warnings. The fact sheet further confirms the physical replication method and lists the top holdings, which are all equities. The fund's complexity factors are minimal, focusing on sector concentration and market volatility risks typical of thematic equity ETFs.",
    "confidence": 95
}