{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The iShares iBonds Dec 2027 Term $ CorpUSD (Acc) is a UCITS ETF. It aims to replicate the performance of an investment-grade US corporate bond index maturing between 01/01/2027 and 15/12/2027. The index uses optimizing techniques to achieve a similar return. Derivatives are mentioned in the fund documentation, but only for direct investment purposes, not integral to achieving its investment objective. The ETF may also engage in short-term secured lending of its investments. The fund does not use leverage or other complex strategies like synthetic replication. The KID indicates a risk level of 3/7, which does not automatically make an ETF complex. Based on this information, the ETF is considered non-complex."
    }
}