{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "complex": false,
        "leverage": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The Xtrackers MSCI World Momentum ESG UCITS ETF is managed passively and aims to reflect the performance of the MSCI World Momentum Low Carbon SRI Screened Select Index. The fund primarily uses physical replication by holding a substantial number of the securities in the index. The KIID states that the fund is classified in category 6 of the risk and reward profile, indicating potentially high gains and losses, but this is due to market volatility and not structural complexity. The fund's objective, structure (physical replication), and the fact that it is a UCITS ETF, generally classify it as non-complex. The use of derivatives is mentioned as a possibility for managing risk, reducing costs, and improving results, but it is not integral to the investment objective and the KIID does not indicate their prominent use. The index methodology, while incorporating ESG and momentum factors, is based on a recognized benchmark (MSCI World Index) and is considered transparent. The document does not indicate the presence of embedded derivatives, leverage beyond UCITS limits, or other features that would typically render a UCITS ETF complex."
    }
}