{
    "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": "This iShares Edge MSCI USA Momentum Factor ETF is a UCITS ETF.  The KID states that the fund intends to replicate the Index by holding the equity securities, which make up the Index, in similar proportions to it. The fund may use financial derivative instruments (FDIs) for direct investment purposes but not central to the core of the strategy. Securities lending is mentioned as a secondary activity, generating income to offset costs.  The fund primarily uses physical replication and the KID does not explicitly mention any complex features like leverage, derivatives integral to the investment objective, or opaque indices.  The risk profile is high (rated six), but this relates to market volatility and not structural complexity. No comprehension alert is present.  This supports a non-complex classification."
    }
}