{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "None apparent. The ETF invests in US Treasury bonds with a maturity of 1-3 years and uses a stratified sampling strategy to track the index. Derivatives are used for efficient portfolio management and securities lending is within UCITS limits.",
        "classification": "non-complex",
        "supporting_data": "This is a UCITS ETF investing in US Treasury bonds with a maturity between 1 and 3 years. The investment policy is to track the Bloomberg US Treasury 1-3 Year Bond Index. The ETF uses a stratified sampling strategy to replicate the index. Derivatives are used for efficient portfolio management, which suggests they are not integral to achieving the investment objective, and securities lending is employed, capped at 70% of NAV. Risk is rated at 2, indicating relatively low volatility. There is no mention of embedded derivatives, contingent convertible bonds or swaps.",
        "complex": false
    }
}