{
    "fund_name": "WisdomTree Europe Equity UCITS ETF - CHF Hedged Acc",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": true,
    "swaps": true,
    "inverse": false,
    "complex_factors": [
        "Currency hedging using forward contracts",
        "Potential counterparty risk from derivative instruments",
        "Complex index methodology with multiple screening factors"
    ],
    "classification": "non-complex",
    "confidence": 85,
    "supporting_data": "The ETF uses physical replication for the underlying equity exposure, which is a non-complex indicator. The currency hedging is implemented through forward contracts, which are derivatives but used for efficient portfolio management rather than as an inherent element of the strategy. The index methodology is complex with multiple screening factors, but this doesn't automatically make the ETF complex under MiFID II. The fund is UCITS compliant and has a straightforward equity investment objective. While there is some derivative usage, it's primarily for hedging purposes and doesn't create significant additional risk or make the fund's risk profile materially different from its underlying assets. The overall structure remains transparent and suitable for retail investors."
}