{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthetic",
        "complex_factors": [
            "Swaps",
            "Synthetic Replication"
        ],
        "classification": "complex",
        "supporting_data": "The fund is a UCITS ETF that uses unfunded swaps to achieve its investment objective, tracking the S&P Select Sector Capped 20% Energy Index.  The ETF purchases securities not contained in the Index, swapping the performance of the Index for the performance of equities held by the Fund. This synthetic replication method introduces counterparty risk and reliance on the swap agreement for tracking performance, making it complex.The fund Risk and Reward Profile has a risk category of 7.",
        "complex": true,
        "non-complex": false
    }
}