{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": "The ETF is actively managed but the underlying MSCI Emerging Markets Index is a complex one.",
        "classification": "non-complex",
        "supporting_data": "The Robeco 3D EM Equity UCITS ETF USD Acc (IE0002Z12PN9) is a UCITS ETF that invests in stocks of companies in emerging markets, following an actively managed strategy based on the Manageru2019s u201c3Du201d investment strategy. The primary risks relate to market volatility and the investment in emerging markets. The fund uses a quantitative process, and the KID information does not explicitly state the use of derivatives. The ETF aims to outperform a benchmark index. There is no indication of complex features such as leverage or synthetic replication. The key risk indicator is based on historical data and the fundu2019s ongoing charges are 0.30%. According to the provided text and analysis, this ETF is a UCITS compliant fund and uses a physical replication method. The fund is actively managed to outperform its benchmark index, but this in itself does not make it complex. Since it does not involve derivatives for anything other than efficient portfolio management, the fund would likely be considered non-complex."
    }
}