{
    "success": true,
    "data": {
        "complex": false,
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [
            "No embedded derivatives",
            "No significant leverage",
            "Utilizes a transparent index (S&P World Screened Index)"
        ],
        "classification": "non-complex",
        "supporting_data": "The Franklin S&P World Screened UCITS ETF closely replicates the S&P World Index-NR benchmark. The replication strategy is physical, meaning the fund holds the underlying securities, which aligns with non-complex criteria. No derivatives like swaps are used for the core investment strategy; the use of derivatives is restricted to hedging or efficient portfolio management. The index is described as having sustainability considerations built-in, which doesn't inherently increase complexity.  The fund is passively managed, and its risk profile, while not risk-free, is related to market volatility of the underlying securities, which is not a structural complexity factor."
    }
}