{
    "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 asset is a UCITS ETF, which establishes a baseline presumption of being non-complex. The investment policy states the fund attempts to replicate the index 'by buying a portfolio of securities', indicating a physical replication method, which is considered straightforward and transparent. While the KIID mentions that derivatives 'may be' used, it specifies this is for efficient management purposes ('to manage risk, reduce costs and improve results'), not as a core part of the investment strategy to achieve its objective. Under the provided rules, this limited use for EPM does not trigger a complex classification. The underlying assets are corporate and agency 'Green Bonds', which are standard debt instruments where the complexity relates to ESG screening and use of proceeds, not a complex financial structure. There is no mention of embedded derivatives, swaps, leverage, or other features that would make the ETF's structure and risks difficult for a retail investor to understand. Therefore, it is classified as non-complex.",
        "final_assessment": "Non-Complex"
    }
}