{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": true,
        "derivates": true,
        "swaps": true,
        "inverse": true,
        "replication_method": "synthetic",
        "complex_factors": [
            "Leverage",
            "Inverse Exposure",
            "Swaps",
            "Daily Reset of Leverage",
            "Roll Cost of Futures",
            "Solactive BTP Daily (-2x) Inverse Index"
        ],
        "classification": "complex",
        "supporting_data": "This is a UCITS ETF with -2x daily inverse leverage to Italian government bonds. The ETF uses synthetic replication with over-the-counter swaps. The daily reset of leverage and the roll cost of futures contracts contribute to the complexity. The fund aims to achieve its objective through indirect replication, namely by entering into one or more over-the-counter swaps (financial derivative instruments, or 'FDI'). The ETF invests in international debt securities, the performance of which will be swapped for that of the Benchmark through the FDI.The Solactive BTP Daily (-2x) Inverse Index methodology impacts the error between the performance of the Fund and the gross performance of the short positions on the underlying assets of the aforementioned futures; this may be significant, particularly for long-term investments in the Fund's shares.",
        "complex": true
    }
}