{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "The ETF uses derivatives for hedging currency risk but the KIID states they may use them to generate additional capital or income, it also uses securities lending. The underlying index is transparent and straightforward.",
        "classification": "non-complex",
        "supporting_data": "The ETF tracks the MSCI USA 100% hedged to EUR Index (Net Return).  It uses physical replication, holding the underlying securities of the index. The fund can use derivatives for risk reduction or to generate additional income but is not central to the investment strategy. The index itself is a transparent and well-documented equity index, supporting a non-complex classification. It enters into securities lending transactions."
    }
}