{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "derivatives": false,
        "swaps": false,
        "leverage": false,
        "inverse": false,
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The ETF tracks the S&P 500 Net Zero 2050 Paris-Aligned ESG+ Net Total Return Index. It is a UCITS ETF, which generally implies a non-complex classification due to strict regulatory oversight. The ETF uses physical replication, holding the underlying securities of the index. The Key Investor Information Document (KIID) does not indicate the use of derivatives for the investment objective, leverage, or any other complex strategies. The index itself is an equity index focused on ESG factors related to climate change, which while having a specific thematic focus, is based on underlying equity securities. The risks mentioned (liquidity, counterparty, operational, currency) are standard risks associated with ETF investments and do not inherently point to structural complexity. The explanation of the risk and reward profile aligns with a typical equity ETF. The ongoing charges are low, and there are no performance fees. Based on the provided information and the MiFID II framework, the ETF's structure, investment policy, and risk profile are understood by a retail investor with basic financial knowledge."
    }
}