{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [
            "Paris-Aligned Climate Index: Index methodology including ESG screening, decarbonization targets, and climate risk management which is complex.",
            "Securities Lending, which introduces counterparty risk. However, it's likely a secondary feature."
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF's objective is to track the S&P 500 Net Zero 2050 Paris-Aligned Sustainability Screened Index. While the index itself incorporates complex methodologies, including ESG screening, decarbonization targets, and climate risk management, the fund's replication method is physical, meaning it holds the underlying equity securities. The fund may use derivatives for efficient portfolio management (EPM) purposes, which are limited in impact, and does not include leverage. The fund's structure and risks are generally straightforward for retail investors with basic knowledge. There is potential for some complexity arising from the index's methodology, but it is designed for retail investors."
    }
}