{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [
            "The Fund uses optimising techniques to achieve a similar return to its Index which may include the strategic selection of certain securities that make up the Index or other securities which provide similar performance to certain constituent securities including financial derivative instruments (FDIs) which may be used for direct investment purposes. The use of FDIs is expected to be limited for this Share Class."
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is a UCITS fund tracking the MSCI EMU ESG Screened Index.  It uses physical replication (holding the underlying securities) for the most part.  The KID document states the use of FDIs is expected to be limited and that is the primary justification for the non-complex classification. The index excludes certain companies based on ESG criteria, but the index itself is not necessarily complex and is transparent. The ETF's structure and risks are designed to be easily understood by retail investors, primarily tracking market volatility and tracking error. The key risk is that derivatives can be used but their impact is expected to be limited."
    }
}