{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "The ETF invests in the energy sector using an advanced index methodology and may use derivatives for direct investment. The benchmark index excludes companies engaging in certain activities inconsistent with ESG criteria which may reduce the potential investment universe, increasing the risk of the fund.",
        "classification": "complex",
        "supporting_data": "The iShares MSCI World Energy Sector Advanced UCITS ETF uses derivatives for investment. The fund aims to replicate the MSCI World Energy Advanced Select 20 35 Capped Index. The fund integrates ESG information into its investment process to optimize exposure to issuers to achieve a higher ESG rating and reduce exposure to carbon emissions. While the fund intends to replicate the Index by holding the equity securities, which make up the Index, in similar proportions to it. The investment manager may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) to help achieve the Fundu2019s investment objective. FDIs may be used for direct investment purposes. The presence of derivatives being used for direct investment means it will be a complex product."
    }
}