{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and aims to replicate the Morningstaru00ae US Target Market Exposure u2122 Index. The Investment Manager will aim to replicate the Index by holding all of Index Securities in a similar proportion to their weighting in the Index. The ETF may, for efficient portfolio management purposes, use financial derivative instruments, the risks are straightforward which support a non-complex classification",
        "complex": false,
        "non-complex": true,
        "explanation": "The ETF is UCITS compliant and uses physical replication with limited derivative use for efficient portfolio management. The objective and structure are straightforward, making it easy for retail investors to understand. Therefore, it is classified as non-complex."
    }
}