{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Maturity Year Risk",
            "Reinvestment Risk",
            "Currency Hedging Risk",
            "Declining Yield Risk",
            "Bond investments"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and aims to replicate the performance of the Bloomberg 2030 Maturity USD Corporate Bond Screened Index. It uses a sampling technique (physical replication) to select securities, which generally supports a non-complex classification. Derivatives may be used for managing risk, reducing costs, or generating additional capital or income, but are not integral to achieving its investment objective and the derivative use is limited. The index itself applies ESG exclusionary criteria and targets investment-grade corporate bonds, but there are some inherent risks associated with bond investments and duration matching maturity date. There is a foreign exchange transaction to minimise exchange rates, but the presence of corporate bonds implies credit and market risk, which are considered normal aspects of financial risk rather than complexity. The fact that the ETF is compliant with SFDR further reinforces a complex ranking."
    }
}