{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Technology sector focus",
            "Investments in Micro, Small and Medium-sized companies",
            "Use of Financial Derivative Instruments (FDIs)"
        ],
        "classification": "complex",
        "supporting_data": "This UCITS ETF primarily invests in companies within the Robotics and Automation industry, which is inherently a high-growth, technology-focused sector. Additionally, the ETF invests in micro, small, and medium-sized companies, which carry higher business and economic event risks. While it uses physical replication, which is typically non-complex, it does utilize Financial Derivative Instruments (FDIs) and also invests in technology companies that are not in the index but have similar risk and performance characteristics. While the derivative use is limited and is stated as not central to the strategy the inclusion of any swaps means it must be marked as complex. Also due to the focus on technology firms which involve establishing and maintaining patents, copyrights, trademarks and trade secrets relating to their products which could negatively affect their value as well as the fund's high risk rating of 7/7 increases the compexity.",
        "complex": true,
        "non-complex": false
    }
}