{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "ESG Climate Paris Aligned Benchmark Select Index",
            "Derivative use for risk management"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and aims to physically replicate the MSCI Europe ESG Climate Paris Aligned Benchmark Select Index. It uses derivatives for managing risk, reducing costs or generating additional capital or income, not as a core part of its investment strategy which would make it complex. Securities lending is employed, which introduces counterparty risk, but this is generally well-managed within UCITS rules. The index itself focuses on ESG and climate-related factors, potentially adding a layer of complexity in understanding the index composition, but the replication method supports a non-complex classification. Overall, despite the ESG focus and derivative use for EPM, the physical replication and UCITS structure makes it more likely the asset would be classified as non-complex."
    }
}