{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "leverage": false,
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The ETF aims to track the STOXXu00ae Europe 600 Personal & Household Goods (Price Index) by investing mostly in equities. The fund primarily uses physical replication, holding the underlying securities of the index. The KIID states that it is not the Investment Manageru2019s intention to leverage the Fund, though minimal leverage may be generated from time to time for efficient portfolio management. The index is a subset of a larger index, composed of large stocks across European countries, and components are weighted by free float market capitalization, capped to comply with UCITS diversification standards. The ETF is UCITS compliant, the index is transparent, and the investment strategy is straightforward. The risk indicator is rated six, but this is due to market volatility and concentration in a specific sector, not structural complexity. No embedded derivatives or complex structures are indicated. The fund is deemed suitable for medium to long-term investment, suggesting a level of understanding expected from retail investors for this type of asset. The document does not mention any use of swaps or other complex derivative instruments integral to the strategy. Based on the provided information and MiFID II rules, the ETF is considered non-complex as its structure, investment objective, and risks are understandable to a retail investor with basic knowledge."
    }
}