{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "This UCITS ETF, according to the provided KID information, tracks the Markit iBoxx EUR Liquid Corporates Large Cap Index. The ETF uses optimized techniques to achieve a similar return as the index, which may include the use of financial derivative instruments (FDIs) for direct investment purposes. Given that the ETF primarily aims to reflect the performance of a bond index and uses physical replication, the complexity is considered lower, and the ETF can be classified as non-complex as it is compliant with MiFID II. The index is well defined and the use of derivatives for portfolio management as described in the KID is considered minimal and will not trigger a complexity designation."
    }
}