{
    "success": true,
    "data": {
        "type": "ETF",
        "ucits": true,
        "replication_method": "synthetic",
        "derivatives": true,
        "swaps": true,
        "inverse": true,
        "leverage": true,
        "complex_factors": [
            "Leverage",
            "Daily re-balancing (compounding effect)",
            "Use of futures contracts",
            "Short exposure"
        ],
        "supporting_data": "The WisdomTree Bund 30Y 3x Daily Short ETF is designed to provide investors with a leveraged short exposure (-3 times the daily performance) to Bunds 30Y futures contracts. This '3x Daily Short' structure inherently involves leverage and the use of derivatives (futures contracts) to achieve its objective. The daily re-balancing mechanism, as described in the KID ('compounding effect'), introduces complexity and a risk profile that deviates from a simple -3x exposure over longer periods. The document explicitly states that the product is classified as '7 out of 7, which is the highest risk class'. Furthermore, the KID includes the mandatory comprehension alert: 'You are about to purchase a product that is not simple and may be difficult to understand.' This directly indicates a complex classification.",
        "classification": "complex"
    }
}