{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Securities Lending"
        ],
        "classification": "non-complex",
        "supporting_data": "The asset is a UCITS ETF tracking the FTSE All-Share Index using physical replication. It may use derivatives for efficient portfolio management, but this use is not integral to achieving its investment objective. Securities lending is allowed up to 40% of NAV, which introduces counterparty risk but, within UCITS rules, does not automatically make the ETF complex. The ETF aims to hold all securities of the index with approximate weightings, making the structure and risks (market volatility, tracking error) reasonably understandable. Although the index may contain constituents issued by the same body that may represent more than 10% of the Index, the ETF will use the increased diversification limits available under Regulation 71 of the UCITS Regulations. These limits permit the Fund to hold positions in individual constituents of the Index issued by the same body of up to 20%.",
        "complex": false
    }
}