{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF is classified as non-complex under MiFID II. It aims to achieve a long-term return by investing in global equities that meet ESG criteria. The fund uses an actively-managed portfolio of global equities and the Key Information Document (KID) does not provide for any inherent complexities. The fund may use derivative instruments for managing risk, reducing costs or generating additional capital or income, this does not make the fund inherently complex, it is for risk management. The fund does not use leverage and the structure and risks of the fund are easily understandable to a retail investor with basic knowledge. There is no indication of synthetic replication, complex indices, or any other features that would render the ETF complex. The fund is an Article 8 Fund (it promotes environmental and/or social characteristics). The risks are market related. The ETF is physical replication."
    }
}