{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "The ETF is actively managed and invests in global equities with an ESG focus, using a quantitative investment model which involves an optimisation process. Derivatives are used for managing risk, reducing costs or generating additional capital or income. An index's underlying constituents may not meet ESG criteria. The risk category is 6/7.",
        "classification": "non-complex",
        "supporting_data": "This UCITS ETF, which tracks the MSCI World Index (the 'Benchmark'), is an actively managed fund that does not aim to replicate the Benchmark. It uses physical replication to track its benchmark index. The ETF uses derivatives for managing risk, reducing costs or generating additional capital or income. The fund is an Article 8 Fund (it promotes environmental and/or social characteristics). The risk and reward profile of the ETF is described as being a 6/7. Despite the fact the ETF uses derivatives for risk management, in the document it states that the fund will be using physical replication. Securities lending and significant leverage are not mentioned, suggesting a low complexity level."
    }
}