{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Currency hedging",
            "Derivative use for efficient portfolio management",
            "Securities lending"
        ],
        "classification": "complex",
        "supporting_data": "This is a UCITS ETF that seeks to track the Bloomberg Euro 0-3 Year Corporate Bond Index (GBP Hedged). While the fund uses physical replication, it employs a stratified sampling strategy. It may lend up to 70% of its securities which introduces counterparty risk even though it is well managed. Most importantly, it uses derivatives, specifically currency hedging, which, while aimed at reducing exchange rate fluctuations, introduces complexity in the understanding of the risk return profile for retail investors."
    }
}