{
    "success": true,
    "data": {
        "complex": false,
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [
            "Active Management",
            "Deviation from Benchmark",
            "Sustainability Considerations"
        ],
        "classification": "non-complex",
        "supporting_data": "The Robeco 3D US Equity UCITS ETF is actively managed, seeking to outperform the S&P 500 index while considering risk, return, and sustainability.  While actively managed, the fund uses a quantitative process for stock selection. It aims to control relative risk by setting limits (VaR Ratio).  The ETF tracks the S&P 500 index using a physical replication method, where the ETF holds underlying securities.  The fund does not use derivatives as an integral part of its investment strategy, but rather for potentially limited efficient portfolio management (EPM).  While the fund can deviate from the benchmark, the limitations on deviation from the benchmark and the use of quantitative models do not introduce complexity that outweighs the presumption of non-complexity associated with a UCITS ETF. The lack of embedded derivatives or leverage, along with physical replication, suggests that the fund is not complex, and based on the guidelines, a comprehension alert in the KID is not required."
    }
}