{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "complex_factors": "Currency Hedging, Securities Lending, Government Bonds",
        "classification": "non-complex",
        "supporting_data": "This UCITS ETF aims to track the Bloomberg Barclays Italy Treasury Bond Index using physical replication. Derivatives are used for currency hedging (USD Hedged Share Class), aiming to reduce the effect of exchange rate fluctuations. The fund may also engage in securities lending to generate additional income. While currency hedging and securities lending introduce some complexity, the primary investment is in Italian government bonds, which are generally considered relatively straightforward fixed-income securities. The ETF is UCITS compliant and aims to track a well-defined index. However, it targets medium to long-term investment, with potential for shorter-term exposure. The potential risks include credit risk, interest rate changes, and issuer defaults."
    }
}