{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The Vanguard ESG USD Corporate Bond UCITS ETF uses physical replication and invests in USD-denominated investment-grade corporate fixed-rate bonds. The primary investment objective is to track the performance of the Bloomberg MSCI USD Corporate Float-Adjusted Liquid Bond Screened Index. The ETF may use derivatives for risk or cost reduction or to generate income, which is permitted under MiFID II for Efficient Portfolio Management (EPM) purposes and does not make this ETF complex. The ETF is suitable for long term investment horizons of at least 3 years. Securities lending is mentioned but is a secondary feature. The index excludes securities based on ESG criteria. The KID notes a risk rating of 4/7 indicating standard market risk but not structural complexity. Therefore it is considered non-complex."
    }
}