{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Bond ETF",
            "Maturity Year Risk",
            "Reinvestment Risk",
            "Early Termination Risk",
            "Currency Hedging Risk",
            "Securities Lending Risk"
        ],
        "classification": "complex",
        "supporting_data": "This UCITS ETF invests in USD-denominated investment-grade corporate bonds with a maturity in 2029, tracking the Bloomberg 2029 Maturity USD Corporate Bond Screened Index using sampling techniques. While it aims to minimize currency risk and is UCITS compliant, it may use derivatives for managing risk and promoting environmental and/or social characteristics (Article 8 fund). The ETF is subject to various risks, including credit risk, interest rate risk, securities lending risk, and currency hedging risk. There's also maturity year risk, declining yield risk, reinvestment risk and early termination risk to consider. The underlying index applies ESG related exclusionary criteria and invests in a particular geographical region, which might result in greater fluctuations in the value of the Fund than for a fund with a broader geographical investment mandate. Securities Lending and derivative usage for risk management are both complex elements. The existence of Maturity Year Risk and the other nuanced risks associated with bond ETFs, despite being UCITS, suggest this is a complex instrument. Additionally, the sampling approach to replication introduces tracking error risk that may not be easily understood by retail investors.",
        "complex": true,
        "non-complex": false
    }
}