{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": "The ETF invests in euro-denominated floating rate corporate bonds. While the index provider applies ESG screens and issuer exposure is capped, the focus is on fixed income securities. Best-in-class sustainable investing approach is used.",
        "classification": "non-complex",
        "supporting_data": "This UCITS ETF, the iShares u20ac Floating Rate Bond Advanced UCITS ETF EUR (Dist), primarily invests in investment-grade, floating-rate corporate bonds denominated in Euros. The fund uses physical replication, matching the Bloomberg MSCI EUR FRN Corporate 3% Issuer Cap Bond Sustainable SRI Index. While derivatives may be used for efficient portfolio management (EPM), their use is not integral to achieving the investment objective. The fund's structure, which holds the underlying bonds, and its objective of tracking a transparent index, support a non-complex classification. Additionally, there is no evidence of significant leverage or complex derivatives usage, and the focus is on tracking an index primarily consisting of investment grade bonds. The risk profile, while present due to market volatility and credit risk in bonds, does not inherently make the ETF complex. It is suitable for medium to long term investment."
    }
}