{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Securities Lending",
            "Rule-based ESG index"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant. The fund seeks to track the WisdomTree US Quality Growth UCITS Index, which comprises of 100 mid and large cap US companies with quality and growth characteristics and excludes companies based on WisdomTree's ESG criteria, the ETF uses physical replication. The Fund may enter into repurchase/reverse repurchase agreements and stock lending arrangements solely for the purposes of efficient portfolio management. The index itself is rule-based and well-documented, supporting a non-complex classification. Although securities lending introduces counterparty risk, it is a secondary feature and well-managed within UCITS rules",
        "complex": false,
        "non-complex": true,
        "explanation": "This ETF is UCITS compliant and uses physical replication to track an index. Derivatives are not integral to achieving its investment objective, and securities lending is used for efficient portfolio management. While securities lending introduces counterparty risk, it's a secondary feature and is well-managed within UCITS rules. All supporting factors lean to a MiFID II non-complex classification."
    }
}