{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": "The ETF tracks an index that focuses on ESG criteria and hedging currency risk using foreign currency forwards. Securities lending is not in use.",
        "classification": "non-complex",
        "supporting_data": "The UBS MSCI ACWI Universal UCITS ETF (IE00BDQZN667) is classified as non-complex. The ETF uses physical replication to track the MSCI ACWI Universal Low Carbon Select 5% Issuer Capped with Developed Markets 100% Hedged to CHF Index. The ETF may use derivatives for hedging currency risk but not as a part of its core strategy. The ETF does not use leverage. It invests in equities and may therefore be subject to high volatility which requires an elevated risk tolerance and capacity according to the KID. The KID states that the Fund does not enter into any securities lending which supports the non-complex classification. The index methodology (ESG) is complex. There is no indication in the KID that the ETF embeds derivatives or uses complex replication methods. The structure and risks appear to be transparent."
    }
}