{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Securities Lending",
            "S&P Utilities Select Sector Daily Capped 25/20 Index may include complexities related to capping methodology"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and aims to track the performance of large-sized U.S. utilities companies. It primarily uses physical replication by investing in securities included in the S&P Utilities Select Sector Daily Capped 25/20 Index. Derivatives may be used for efficient portfolio management. Securities lending is allowed but capped at 40% of NAV.  The Index of the Fund changed from the S&P Utilities Select Sector Index to the S&P Utilities Select Sector Daily Capped 25/20 Index on 15th March 2019. The use of a 'capped' index introduces complexity.",
        "complex": false
    }
}