{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthethic",
        "complex_factors": "Total return swaps used to replicate the index performance, counterparty risk and collateral risk, also the Fintech index is a complex index.",
        "classification": "complex",
        "supporting_data": "The Global X FinTech UCITS ETF (IE00BLCHK052) is a UCITS ETF. The fund aims to replicate the Indxx Global FinTech Thematic v2 Index. The fund uses total return swaps to replicate the index. This synthetic replication method introduces counterparty risk and collateral risk, which retail investors may not easily understand. The index is focused on FinTech companies and, therefore, a complex market, which could lead to market volatility that also affects the funds performance. The KID states that the fund is in risk category 7, the highest category, is a clear indication of high volatility and potential loss. The presence of derivatives, specifically total return swaps, makes this ETF complex under MiFID II rules.  The fund will have to include a comprehension alert in the KID."
    }
}