{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthethic",
        "ucits": true,
        "type": "ETF",
        "complex_factors": "Synthetic replication through swaps, use of swaps to gain exposure to an index with a sector dependent liquidity cap.",
        "classification": "complex",
        "supporting_data": "This UCITS ETF employs unfunded swaps to replicate the STOXX Europe 600 Optimised Construction & Materials Index. The use of swaps introduces counterparty risk, a factor difficult for retail investors to understand, which drives this ETF's complex classification. Furthermore the index methodology uses a sector dependent liquidity cap that can affect tradability and overall complexity. The PRIIPs KID will require a comprehension alert, as detailed in section 7 of the MiFID II rules assessment framework."
    }
}