{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Securities Lending"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and uses physical replication to track the BVP Nasdaq Emerging Cloud Index. Derivatives are not central to the investment strategy. Securities lending is permitted for efficient portfolio management, introducing a small degree of counterparty risk, which is well-managed and doesn't dominate the risk profile. The underlying index tracks the performance of companies primarily involved in cloud software and services."
    }
}