{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "Currency Hedging Using FX Forwards",
        "classification": "complex",
        "supporting_data": "The ETF is a UCITS ETF tracking the Bloomberg Global Aggregate Treasuries Index, which is composed of government bonds. The ETF uses optimizing techniques and may use financial derivative instruments (FDIs) for direct investment purposes. Specifically, the share class is GBP hedged, using FX forward contracts for currency hedging between the share class currency (GBP) and the fund's underlying portfolio currencies. While the ETF invests in government bonds which are typically considered non-complex, the use of currency hedging with FX forwards introduces complexity due to the potential for imperfect hedging and the need to understand FX markets.",
        "complex": true,
        "non_complex": false
    }
}