{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "Derivative usage for risk management",
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and seeks to replicate the MSCI Europe Universal Select Business Screens Index through physical replication, holding the index's securities as much as possible. While it may use derivatives for managing risk, reducing costs, or generating additional capital or income, their use is not central to achieving the investment objective. The index itself is based on ESG metrics, excluding certain securities based on environmental, social, and governance factors but this is not inherently a complex concept in MiFID II terms. Although derivatives are used these are for risk management only, As it is ucits compliant it benefits from strict rules designed to protect the investor."
    }
}