{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The iShares Edge MSCI World Value Factor (Acc) ETF is a UCITS ETF that aims to track the MSCI World Enhanced Value Index.  The ETF primarily uses physical replication, holding the equity securities of the index.  The KID states derivatives are used for direct investment purposes but the use of FDIs is expected to be limited. Securities Lending is engaged in. There is a factor focus risk, which means the index is less diversified than its parent index. This suggests that, despite some use of derivatives, the ETF is generally designed to provide exposure to value stocks in a relatively transparent way. Given its physical replication strategy, and that derivatives are used limitedly, the structure and risks are generally easily understandable for retail investors with basic knowledge.  The fact that it is a UCITS-compliant ETF, further supports the classification as non-complex. The risk is high, but this derives from market volatility and the value strategy itself and is not a function of complex instruments."
    }
}