{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "High Yield Corporate Bonds",
            "ESG Scoring Methodology",
            "Stratified Sampling"
        ],
        "classification": "complex",
        "supporting_data": "The ETF tracks the Bloomberg SASB Scored US Corporate High Yield Ex-Controversies Select Index, which optimizes its R-Factoru2122 score (ESG rating). The index selects securities eligible for the U.S. HY Corporate Index, excluding certain issuers based on ESG characteristics and controversial business activities. It uses an optimization process to maximize the portfolio ESG rating while controlling for active total risk. The fund invests primarily in securities included in the Index, using a stratified sampling strategy to build a representative portfolio and may use financial derivative instruments for efficient portfolio management,but is comprised of High Yield Corporate debt which ESMA may classify as complex. Because it is not easy for retail investors to understand the nuances of a complex ESG methodology and sampling strategy plus the inherent complexity of High Yield Corporate bonds with ratings below investment grade as well as the potential for risk management using derivates, a simple retail investor would lack a basic understanding.",
        "complex": true
    }
}