{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "The ETF uses the Bloomberg US Corporate Bond Index which is a rules-based benchmark tracking investment grade, fixed-rate, taxable corporate bonds. While the index itself is not inherently complex, it may hold less liquid assets. The optimization technique and securities lending, while not automatically making it complex, introduce additional considerations.",
        "classification": "non-complex",
        "supporting_data": "The ETF is a UCITS-compliant fund, and its investment objective is to provide income and capital growth. It tracks the Bloomberg US Corporate Bond Index using an optimization technique. The fund may use derivatives for efficient portfolio management (EPM), but this is not integral to the investment objective. Securities lending is used but is limited and does not dominate the risk profile. The underlying index tracks investment-grade bonds. The KID suggests this fund may not be appropriate for investors planning to withdraw money within 5 years. There is also potential for liquidity risk."
    }
}