{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Index uses ESG exclusionary criteria, which could make the index construction complex.",
            "ETF may use derivatives for risk management"
        ],
        "classification": "non-complex",
        "supporting_data": "The Invesco MSCI Japan Universal Screened UCITS ETF aims to track the performance of the MSCI Japan Universal Select Business Screens Index. The ETF uses physical replication and may use derivatives for managing risk, reducing costs or generating additional capital or income. The use of derivatives is for managing risk and reducing costs so this does not make the fund inherently complex. The KID states that the ETF is suitable for investors with basic knowledge. As per the ESMA guidelines the fund could be classified as complex, as the index uses ESG exclusionary criteria. Given the structure of the ETF and the information from the KID it is considered as non-complex."
    }
}