{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "The ETF tracks a small/mid-cap dividend index. The index methodology is publicly available.",
        "classification": "non-complex",
        "supporting_data": "The First Trust SMID Rising Dividend Achievers UCITS ETF is a passively managed ETF that aims to track the Nasdaq US Small Mid Cap Rising Dividend Achievers TM Index. The KID states it invests in equity securities held in similar proportions as the index to replicate performance. The ETF does not use derivatives for its strategy; there is no mention of any use of swaps or inverse strategies. The KID does not mention leverage or the use of derivatives other than the use of depository receipts to gain exposure to the security. The risk is presented in the KID as a 7/7 indicating a high risk profile but is not inherently complex. The index is a transparent index. As the ETF's investment strategy relies on holding the actual securities of the index, without any use of complex derivatives and no leverage, it is classified as non-complex, according to MiFID II guidelines."
    }
}