{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "Based on the provided KID information, the iShares EURO STOXX Mid UCITS ETF utilizes physical replication to track the EURO STOXX Mid Index. There is no evidence of complex features like leverage, significant derivative use beyond efficient portfolio management (EPM), or synthetic replication with total return swaps. The ETF is designed to reflect the performance of a transparent index. The risks are standard market volatility and tracking error. Therefore, this ETF is classified as non-complex, aligning with the MiFID II guidelines on assessing financial instruments. ESMA guidelines reference the use of a comprehension alert when the asset is complex and this is absent from this ETF."
    }
}