{
    "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": "The iShares AEX UCITS ETF aims to replicate the AEX Index.  It uses physical replication by holding the equity securities of the index. The KID states that derivatives are used for efficient portfolio management and for direct investment purposes. Based on the information provided, there are no factors that suggest the ETF has any complex structures or risks that retail investors would struggle to understand. The risks listed include market volatility and there are no indications that the ETF uses leverage or has any other features which would trigger a complex classification. Securities lending is a secondary feature and does not significantly increase risk. No capital protection and transparency of the underlying index, as it is based on the Dutch companies with large market capitalisation. No other features indicate complexity."
    }
}