{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "The fund invests in global government bonds, which can be complex and the KID specifies currency hedging is used.",
        "classification": "non-complex",
        "supporting_data": "The JPM Global Government Bond Active UCITS ETF - USD Hedged (acc) primarily invests in global government and government-related debt securities. The KID indicates the fund is actively managed. While the fund uses currency hedging, this is for risk management rather than central to the fund's investment strategy and therefore derivatives = false. The fund's primary strategy is based on government bonds, its replication method is not specified but this is considered as non-complex. The fund's objective is to outperform the benchmark, the fund does not engage in synthetic replication and its structure is relatively transparent, with no significant use of leverage. Therefore it is classified as non-complex."
    }
}