{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [
            "Active management strategy aiming to outperform the benchmark, potentially introducing deviations from the benchmark index."
        ],
        "classification": "non-complex",
        "supporting_data": "The Robeco 3D Global Equity UCITS ETF is actively managed, focusing on risk, return, and sustainability. It aims to outperform the MSCI World Index (Net return, USD) benchmark.  The ETF uses a quantitative process to select securities for the portfolio.  While it explicitly considers sustainability aspects within its investments and can deviate substantially from the benchmark's weighting, the primary approach appears to be physical replication of the MSCI World index. There's no mention of synthetic replication, embedded derivatives, or significant leverage.  The ETF appears compliant with UCITS regulatory requirements.  The ETF being actively managed, not passively tracking an index, isn't by itself a complex factor under MiFID II, as long as the active management doesn't rely on complex derivatives or introduce opacity. The description in the KID does not indicate the presence of complex structures that would trigger the MiFID II complexity rules. The focus is on outperforming the benchmark, which doesn't automatically signal complexity if done with established methods."
    }
}