{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "leverage": false,
        "complex_factors": [],
        "supporting_data": "The ETF aims to replicate the MSCI Europe Enhanced Value Index using physical replication, holding equity securities. It is a UCITS ETF, which provides a baseline presumption of being non-complex. The document does not indicate the use of derivatives for replication or investment objectives, nor does it mention any complex structures or embedded derivatives. The index methodology, while factor-based, is described as selecting constituents based on value indicators and incorporating sector constraints, which are generally understandable concepts for retail investors. Securities lending is mentioned as a means to generate income, but this is a common practice and does not inherently make the ETF complex, especially with the disclosed revenue sharing. The risk profile is rated six out of seven, but this reflects market volatility rather than structural complexity. No elements of leverage, capital protection, or other complex features are described that would typically lead to a complex classification under MiFID II. The PRIIPs Key Information Document (KID) would not require a comprehension alert.",
        "classification": "non-complex"
    }
}