{
    "success": true,
    "data": {
        "asset_name": "iShares MSCI Europe Mid-Cap Equal Weight EUR (Acc) Share Class",
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "leverage": false,
        "complex_factors": [
            "Equal Weighting Methodology",
            "Mid-Cap Focus"
        ],
        "supporting_data": "The ETF tracks the MSCI Europe Mid-Cap Equal Weighted Index. While the index itself is not inherently complex in terms of derivatives or leverage, the 'Equal Weighting' methodology means that smaller mid-cap companies will have a larger weighting compared to a market-cap weighted index. This diversification approach can lead to higher volatility for certain constituents. The 'Mid-Cap' focus also implies a potentially higher risk profile compared to large-cap indices.  The document states that the fund uses 'optimising techniques' which may include 'the strategic selection of certain securities' or 'other securities which provide similar performance'. It also states FDIs may be used for direct investment purposes, but this is in the context of potential usage and not explicitly stated as current usage or integral to the strategy. The primary investment method is physical replication by holding equity securities that make up the index.  Given the absence of embedded derivatives or complex derivative strategies, and the physical replication method, the ETF is generally considered non-complex. The risk indicators and factor focus risk mention volatility and diversification, which are characteristic of market risk rather than structural complexity.",
        "classification": "non-complex"
    }
}