{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "Use of financial derivative instruments for efficient portfolio management. Investment in debt securities including variable and floating rate debt securities.",
        "classification": "non-complex",
        "supporting_data": "This is a UCITS ETF investing primarily in investment grade, Pound Sterling-denominated, short term fixed, variable and floating rate debt securities.  It uses derivatives for efficient portfolio management, which, while introducing counterparty risk, doesn't automatically classify it as complex if the impact is negligible.  The ETF does not track a complex index, and although it may invest in instruments denominated in currencies other than GBP, this exposure is hedged back into GBP. The ETF is actively managed, suggesting no synthetic replication.  The risk rating is 2, indicating relatively low volatility.  The ETF promotes environmental and/or social characteristics, with at least 51% invested in issuers with positive ESG characteristics and at least 10% in Sustainable Investments, suggesting no holding of contingent convertible bonds and an understanding of underlying asset risk. Although variable and floating rate debt securities increase risks, this is identified as a UCITS. Therefore this will be non-complex.",
        "complex": false
    }
}