{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Derivative use for risk management",
            "Securities Lending"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant. It actively manages a portfolio of global equities based on ESG criteria. The ETF may use derivative instruments, but only for the purposes of managing risk, reducing costs, or generating additional capital or income. It engages in securities lending, which introduces counterparty risk. The risk rating is 6/7, indicating market volatility rather than structural complexity. Because Derivatives are limited to risk management and UCITS are presumed Non-Complex unless they display complex characteristics , including synthetic replication, or derivatives as inherent elements of the investment strategy. As this ETF is using derivatives for risk management it should be viewed as Non-Complex.",
        "complex": false,
        "non-complex": true
    }
}