{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthetic",
        "complex_factors": [
            "Swaps",
            "Optimised Roll Commodity Total Return Index",
            "Roll Return Risk",
            "Commodity Risks",
            "Contango or backwardation effects "
        ],
        "classification": "complex",
        "supporting_data": "The ETF is UCITS compliant but uses swaps to gain indirect exposure to the Index Components, indicating synthetic replication. This introduces counterparty risk and collateral management considerations. The ETF tracks an Optimised Roll Commodity Total Return Index which itself tracks commodity indices (Energy, Agriculture, Industrial Metals and Precious Metals). Commodity prices are more volatile than other asset categories, making investments in commodities riskier and more complex than other investments. The performance of a commodity and the corresponding commodity contract is dependent upon various factors, including supply and demand, liquidity, weather conditions and natural disasters, direct investment costs, location, changes in tax rates and roll return risk."
    }
}