{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The iShares STOXX Europe 600 Real Estate UCITS ETF (DE) is a UCITS compliant ETF. It aims to track the STOXXu00ae Europe 600 Real Estate (Price Index) by investing mostly in equities. The fund uses physical replication, which is generally considered non-complex. The KID document indicates that derivatives are not inherent in the investment strategy but may be used for efficient portfolio management (EPM), which is acceptable for non-complex classification if the impact is minimal. The index is a subset of the STOXXu00aeEurope 600 index, which is transparent.  The fund is suitable for medium to long term investment. Risk profile is 6/7 but this is a measure of market risk and not fund structure complexity. There is no mention of leverage or other complex features such as swaps or complex indices that would be required to classify it as complex."
    }
}