{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "The S&P Kensho Global Future Defense Index includes companies with a focus on weapons and defense systems",
            "Securities lending"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and uses physical replication to track the S&P Kensho Global Future Defense Index. Securities lending is permitted, which introduces a level of complexity. Derivatives are not used as part of the investment strategy, but the index is not tracking traditional equities. The ETF aims to replicate the net total return performance of the S&P Kensho Global Future Defense Index by holding the securities in a similar proportion to their respective weightings in the Index and does not pay you income, but instead reinvests it to grow your capital, in line with its stated objectives. The underlying index is tracking companies that are developing sophisticated weapons, defensive systems and other solutions for securing borders. The Index screens securities from the eligible universe to exclude those that do not meet the minimum liquidity criteria of the Index methodology. Companies are then assessed and selected if they are determined by the Index provider to be focused on developing sophisticated weaponry & defensive systems and other solutions for securing borders; specifically including the following business activities: (a) Smart borders and securing critical infrastructure; (b) Military applications of cyber security, space systems, robotics, remotely operated or unmanned air and sea drones, wearable technologies and virtual or augmented reality. The Index provider utilises an automated scan of companiesu2019 most recent regulatory filings to identify specific search terms and phrases that link the companyu2019s products and services to any of these activities.The companies are then classified into two groups, u201cCoreu201d (those with a significant portion of their business operations and/or revenues deriving from productsand services aligned with the theme), or u201cNon-Coreu201d (those that operate across the broader value chain of the theme, providing vital inputs such as critical subcomponents to the end products aligned to the theme, but not focusing on delivering these end products themselves), as determined by the Index provider. An overweight factor is applied to the group of Core securities relative to the Non-core to enhance the overall exposure of the Index to the Core group and emphasize pure play innovation. Within each group, companies are equally weighted subject to diversification and liquidity constraints. The Index rebalances quarterly.",
        "complex": false,
        "non-complex": true
    }
}