{
    "ucits": true,
    "type": "ETF",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": "None identified",
    "supporting_data": "The ETF is a UCITS-compliant, physically replicating fund tracking the Nasdaq Clean Edge Green Energy Index. It invests primarily in the underlying equity securities of the index, with no indication of synthetic replication, embedded derivatives, swaps, leverage, or inverse strategies. The fund may use depository receipts and money market instruments for efficient portfolio management, but there is no evidence that derivatives are used as a core part of the investment strategy or that the fund holds complex instruments such as CLOs or structured products. The risks disclosed are typical of equity ETFs (market volatility, tracking error, China VIE risk), not structural or derivative-related complexity. The fund is passively managed, and its structure and risks are transparent and straightforward for retail investors with basic knowledge.",
    "classification": "non-complex"
}