{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "derivatives": false,
        "swaps": false,
        "leverage": false,
        "inverse": false,
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The ETF aims to replicate the Dow Jones Global Best-In-Class Index by holding the underlying equity securities. The document explicitly states that the Share Class is passively managed and aims to invest in equity securities that make up the Index. There is no mention of synthetic replication, embedded derivatives, or complex underlying assets that would make it difficult for a retail investor to understand. The risk indicator being a six is due to market volatility, not structural complexity. The ETF is a UCITS, which provides a baseline presumption of non-complexity. The underlying index methodology is based on sustainability criteria, but the KIID describes it in a way that should be understandable to a retail investor. Securities lending is mentioned as a possibility for cost reduction, but it is framed as a secondary feature that receives a revenue share, not as a core strategy that would introduce significant complexity or counterparty risk. Therefore, based on the provided KIID, the ETF is classified as non-complex."
    }
}