{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [
            "Tracks an index of small cap developed world equities."
        ],
        "classification": "non-complex",
        "supporting_data": "The SPDR MSCI World Small Cap UCITS ETF primarily invests in securities from small sized companies in developed equity markets, using an optimization strategy with physical replication, which supports a non-complex classification. The ETF is UCITS compliant.The document states the ETF may use derivatives for efficient portfolio management but this does not trigger a complex assessment per ESMA guidelines in general."
    }
}