{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthethic",
        "complex_factors": "Synthetic replication via swaps is the core of the investment strategy, introducing counterparty and collateral risk. Index is designed to measure the performance of the 300 largest and most liquid stocks, as measured by total market capitalisation, in the China A-Shares market, which is a complex index.",
        "classification": "complex",
        "supporting_data": "This ETF utilizes unfunded swaps to achieve its investment objective of replicating the S&P China A 300 Index. The use of swaps constitutes derivative use, which introduces counterparty risk and complexity. The document states the performance of the Index is swapped from the counterparty to the Fund in exchange for the performance of equities and equity related securities held by the Fund. This is classified as synthetic replication and is therefore complex. As referenced in Section 66 of the European Regulatory Document, UCITS ETFs are automatically classified as non-complex financial instruments; however, if the index itself is complex or opaque or involves derivatives the ETF may be classified as complex. The index is designed to measure the performance of the 300 largest and most liquid stocks, as measured by total market capitalisation, in the China A-Shares market. This includes the use of a Swap agreement."
    }
}