{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Currency Hedging using FX forward contracts",
            "Fixed income securities subject to credit and liquidity risks",
            "Optimising techniques using strategic selection of securities",
            "ESG screened index that may reduce the investment universe."
        ],
        "classification": "complex",
        "supporting_data": "This is a UCITS ETF. The ETF uses physical replication where it invests in fixed income securities that make up the Bloomberg MSCI December 2032 Maturity USD Corporate ESG Screened Index. Derivatives are used for currency hedging (FX forward contracts). Credit risk, changes to interest rates and/or issuer defaults can have a significant impact on the performance of fixed income securities. Securities lending is undertaken to generate additional income. The ETF is hedged to GBP with the aim of reducing the effect of exchange rate fluctuations. The ETF has a defined term and is designed for investors to hold the shares/units for the full period of the fund, and an ESG screened index that may reduce the investment universe.  While it uses physical replication, the use of derivatives for currency hedging along with fixed income and ESG screening leads to 'complex' asset determination."
    }
}