{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "Fixed maturity date, Reinvestment Risk",
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and passively managed, seeking to replicate the performance of a corporate bond index with a defined maturity. Derivatives are only used for risk management, cost reduction or income generation, not as a central component of the investment strategy. Physical replication is employed through a sampling approach to match the underlying index. The ETF's complexity arises from the credit risk, interest rate risk, the maturity year, declining yield risk, and reinvestment risk. These factors although impacting returns, do not make it a MiFID II complex asset. While the underlying index applies ESG exclusionary criteria, this does not inherently increase the complexity for retail investors."
    }
}