{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Fixed Maturity Date with potential for early termination",
            "ESG exclusionary criteria may limit investment opportunities",
            "Reinvestment risk during maturity year",
            "Securities lending"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF aims to replicate the performance of a USD denominated investment grade corporate bond index with an effective maturity in 2028 using sampling techniques (physical replication). Derivatives may be used for managing risk, reducing costs or generating additional capital or income. The ETF is UCITS compliant, implying a level of regulatory oversight. Securities lending is mentioned as a possibility. The index tracks investment grade corporate bonds, but also applies ESG exclusion criteria. Although derivatives are allowed for the purposes of managing risk, the document suggests this is not integral to the investment strategy and doesn't cause the asset to be automatically complex. The fund invests in investment grade corporate bonds. The maturity date may have an impact on performance due to Yield and Reinvestment Risks."
    }
}