{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Securities Lending",
            "Portfolio Management using derivatives"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and seeks to track the performance of the Bloomberg U.S. Aggregate Bond Index using primarily physical replication, investing primarily in securities included in the Index. However, the Fund may use financial derivative instruments in order to manage the portfolio efficiently (EPM). The ETF also undertakes Securities Lending. The UCITS structure provides regulatory requirements (e.g., diversification, liquidity, transparency) designed to protect investors which is why I have classified it as Non-Complex but it has derivatives used for managing risk rather than as an inherent element of the strategy, this can still be deemed as complex."
    }
}