{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The fund is a UCITS ETF, tracking the S&P UK High Yield Dividend Aristocrats Index using physical replication. Derivatives are only used for efficient portfolio management, and the fund aims to hold all securities of the index. No leverage is used.",
        "complex": false,
        "non-complex": true,
        "explanation": "This ETF is classified as non-complex. It is UCITS compliant, uses physical replication to track a transparent index, and uses derivatives only for efficient portfolio management. These characteristics align with the criteria for non-complex UCITS ETFs under MiFID II."
    }
}