{
    "fund_name": "WisdomTree US Equity Income UCITS ETF - EUR Hedged Acc",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": true,
    "swaps": true,
    "inverse": false,
    "complex_factors": [
        "Currency hedging using forward contracts",
        "ESG screening criteria",
        "Composite risk score (CRS) methodology"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication for the underlying equity exposure and employs forward currency contracts solely for hedging purposes. While derivatives are used, they are for efficient portfolio management (currency hedging) rather than as an inherent element of the strategy. The index methodology involves a composite risk score (CRS) and ESG screening, but these do not introduce significant complexity beyond standard index-tracking ETFs. The fund's risk profile is clearly communicated as 'lower risk' in the KIID, and the use of derivatives is transparent and limited to hedging. The PRIIPs KID and factsheet confirm the physical replication method and UCITS compliance, reinforcing the non-complex classification.",
    "confidence": 90
}