{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Hedging Currency Risk",
            "Index Complexity"
        ],
        "classification": "complex",
        "supporting_data": "The ETF is UCITS compliant, implying a baseline level of regulation and investor protection. It uses physical replication to track its index, which generally supports a non-complex classification. However, it uses currency hedging to reduce the impact of currency fluctuations, which involves derivative instruments and may be flagged as complex by regulators, even if used for efficient portfolio management. The underlying index 'The Solactive Equileap Global Gender Equality 100 Leaders Net Total Return hedged to CHF Index' is a niche index and may not be easy to understand by retail investors thus leading to a complex determination.",
        "complex": true,
        "non-complex": false
    }
}