{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": "The ETF uses a 'sampling strategy' for replication. The index is based on specific factors (momentum, value, quality, etc.) which might not be easily understood by retail investors. The ETF may use derivatives, and it invests in US Equity Markets but is not specified if it is a Complex Index.",
        "classification": "non-complex",
        "supporting_data": "Based on the KID information, the ETF is a UCITS fund that tracks the MSCI USA Select Factor Mix Index. It uses a sampling strategy (portfolio optimization), which leans toward physical replication, thus reducing the likelihood of complexity. The Fund may use derivatives for risk reduction and cost efficiency, not as a core element of the investment strategy.  The index construction with factor-based weighting introduces some complexity as stated in the document, but is not sufficient in itself to trigger a complex classification. However the use of derivatives and the underlying indices are not specifically described, but mentioned in the documentation provided."
    }
}