{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The iShares Italy Govt Bond UCITS ETF EUR (Dist) tracks the Bloomberg Barclays Italy Treasury Bond Index. The fund uses physical replication to hold the bonds that make up the index. The KID document indicates that derivatives may be used for direct investment purposes, but the primary method is to track the index using the underlying government bonds. The fund pays income semi-annually, and the shares are listed on stock exchanges for trading. The fund is suitable for medium to long-term investment. The KID does not mention any complex derivative strategies, significant leverage, or opaque features that would make the ETF complex. The risk profile is rated 4/7 on the KID risk scale. Based on the MiFID II framework, physical replication of a government bond index with the primary holding of the underlying bonds and no other complex features classifies the ETF as non-complex."
    }
}