{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "derivatives": false,
        "swaps": false,
        "leverage": false,
        "inverse": false,
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The iShares STOXX Europe 600 Basic Resources UCITS ETF is a UCITS ETF that tracks the STOXXu00ae Europe 600 Basic Resources (Price Index) by primarily investing in equities. The KIID explicitly states it is a passively managed ETF aiming to replicate the benchmark index. It confirms that the fund aims to invest mostly in equities and that the duplication percentage of the fund's assets matching the index's weighting is at least 95%. It also states it is not the intention to leverage the fund, although minimal leverage may be generated for efficient portfolio management. Based on the MiFID II framework, the UCITS presumption of non-complexity applies. The replication method is physical, which is considered non-complex. There is no mention of derivatives being integral to the investment strategy, only minimal amounts for EPM. The index itself (STOXX Europe 600 Basic Resources) is a well-known equity index, and the underlying assets (equities) are understandable for retail investors. The KIID does not indicate any complex structures, embedded derivatives, or unusual features. Therefore, the ETF is classified as non-complex."
    }
}