{
    "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 SPDR S&P Europe Defense Vision UCITS ETF is a UCITS compliant ETF that aims to track the performance of European defense-related companies. The fund uses physical replication to track the index. Derivatives are used to manage the portfolio efficiently not as integral element of the strategy. The ETF primarily invests in the securities of the Index. Securities lending is permitted but not a defining characteristic.  The ETF is categorized as a non-complex product because the ETF utilizes physical replication to track a transparent index. The investment objective is straightforward, and the risks (market volatility, tracking error) should be understandable to retail investors with basic knowledge. The fund does not embed derivatives or use significant leverage."
    }
}