{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Securities Lending",
            "Tracking Error"
        ],
        "classification": "non-complex",
        "supporting_data": "The fund is a UCITS ETF that tracks the Bloomberg Sterling Corporate Bond Index using a stratified sampling strategy to build a representative portfolio, primarily investing in investment-grade bonds. Derivatives are used for efficient portfolio management. The fund may engage in securities lending, but the maximum exposure is capped at 70% of the Net Asset Value.  While securities lending introduces counterparty risk, it doesn't automatically make the ETF complex, particularly if well-managed within UCITS rules.  The potential for tracking error (the Fund's performance may not exactly track the Index) is identified as a risk factor, but it's inherent in many ETFs, not necessarily indicative of complexity. The UCITS framework and investment in plain vanilla bonds and efficient portfolio management would mean this should not be classified as complex",
        "complex": false,
        "non-complex": true
    }
}