{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "Active Management, Use of Derivatives for Efficient Portfolio Management, Concentration in the Banking Industry, ESG Factors and norms based screening, Potential ESG underperformance",
        "classification": "complex",
        "supporting_data": "The ETF is UCITS compliant and claims to use fixed income instruments. However, the use of active management, derivatives for efficient portfolio management, concentration in the banking industry, and complex ESG analysis make it difficult for a client with basic financial knowledge to understand how the ETF performs and what risks are involved. The potential for the ETF to underperform due to ESG factors also makes it a complex asset."
    }
}