{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Currency hedging using forwards",
            "Index design may be opaque"
        ],
        "classification": "complex",
        "supporting_data": "This UCITS ETF seeks to track the Solactive Equileap Global Gender Equality 100 Leaders Net Total Return hedged to GBP Index. While it employs physical replication, the fund utilizes derivative instruments, specifically foreign currency forwards, to hedge currency fluctuations between the index currency and GBP. This hedging strategy introduces an element of complexity as retail investors must understand the impact of currency hedging on the fund's performance and the associated risks. Additionally, the underlying index focuses on companies with a high gender diversity score, which may involve a complex selection methodology and screening process that excludes at least 20% of the least well-rated securities. The fund will seek to hold all of the shares of the Index, in the same proportions as the Index, so that essentially the portfolio of the Fund will be a near mirror image of the Index."
    }
}