{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "Environmental, social and governance criteria. The Index utilises a technology score, growth, and value metrics respectively, where growth metrics focus on the ability of the company to grow their cash flow available for distribution to shareholders and value metrics focus on the amount of cash flow available to distribute to shareholders.",
        "classification": "complex",
        "supporting_data": "This UCITS ETF seeks to track the CenterSquare New Economy Real Estate UCITS Index, which measures the performance of global real estate companies exposed to technology, science, and e-commerce. The index excludes companies based on environmental, social and governance criteria. The index utilises a technology score, growth, and value metrics respectively, where growth metrics focus on the ability of the company to grow their cash flow available for distribution to shareholders and value metrics focus on the amount of cash flow available to distribute to shareholders.The ETF may engage in repurchase/reverse repurchase agreements and stock lending for efficient portfolio management. Although UCITS ETFs are generally considered non-complex, the ESG-related exclusions and the index's weighting formula based on technology score, growth, and value metrics introduce a layer of complexity. These factors may not be easily understood by the average retail investor, potentially leading to a complex classification under MiFID II.",
        "assessment": "Complex"
    }
}