{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Maturity Year Risk",
            "Declining Yield Risk",
            "Reinvestment Risk",
            "Currency Hedging Risk",
            "ESG exclusionary criteria"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and aims to replicate the performance of the Bloomberg 2028 Maturity USD Corporate Bond Screened Index using sampling techniques (physical replication). It may use derivatives for managing risk, reducing costs or generating additional capital or income, but derivatives are not integral to the investment objective. The index includes investment grade corporate bonds with a maturity in 2028 and applies ESG exclusionary criteria, which increases the sophistication of the Index although this does not make the ETF complex. The ETF is exposed to risks such as credit risk, interest rate risk, securities lending risk, liquidity risk, country concentration risk, maturity year risk, declining yield risk, reinvestment risk, early termination risk, and currency hedging risk, this list of risk factors should be clearly listed in the Key Information Document. Overall, the ETF's structure is straightforward, and any derivative use is limited to risk management. The risk associated with the ESG exclusionary criteria is not deemed complex as the index methodology is publicly available from Bloomberg. Therefore, it is classified as non-complex under MiFID II.",
        "complex": false,
        "non-complex": true
    }
}