{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": "The ETF tracks the S&P 500 Energy Sector Index. ESMA often classifies any derivative use as complex even for EPM. The fund engages in securities lending. The index is transparent.",
        "classification": "non-complex",
        "supporting_data": "The iShares S&P 500 Energy Sector UCITS ETF (Acc) is a UCITS compliant ETF. The primary investment strategy is to replicate the S&P 500 Capped 35/20 Energy Index through physical replication. The fund uses derivatives for EPM but not as integral element of the strategy. The fund also engages in securities lending to generate additional income. The index is transparent. Based on the provided information and the MiFID II guidelines, the ETF is considered non-complex. The fund complies with the requirements in article 25 (3) and (4) of MiFID II."
    }
}