{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Securities Lending",
            "Callable Bond Risk",
            "CoCo Bond Risk",
            "Counterparty Risk"
        ],
        "classification": "complex",
        "supporting_data": "This is a UCITS ETF that aims to track the Bloomberg Global Aggregate Corporate Bond Index. It uses an investment technique called optimisation to minimise tracking error and trading costs. While it primarily invests in index constituents, it may also invest in bonds with lower credit ratings and securities with similar risk characteristics. Derivatives may be used for hedging and efficient portfolio management, but not as an integral part of the strategy. Securities lending is permitted. The ETF is exposed to credit risk, default risk, derivatives risk, exchange rate risk, index tracking risk, interest rate risk, investment leverage risk, liquidity risk, operational risk, callable bond risk, Coco bond risk and counterparty risk. The presence of  Callable Bond Risk, CoCo Bond Risk and Counterparty Risk along with Securities Lending even if not an integral part of the replication strategy is enough to drive a MiFID II 'complex' classification.",
        "complex": true,
        "non_complex": false
    }
}