{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "complex_factors": "Currency hedging may introduce minor complexity, securities lending",
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and seeks to track the MSCI USA 100% hedged to GBP Index (Net Return). It uses physical replication, holding all of the shares of the index in the same proportions. Derivatives are used for currency hedging, specifically selling foreign currency forwards, to reduce the impact of exchange rate fluctuations. The ETF may also engage in securities lending transactions. Sustainability risks are not systematically integrated. The KID rates the fund as 6 out of 7 risk band and the fund uses derivatives which can reduce investor risks or give rise to market risks as well as potential loss due to failure of counterparty. While currency hedging involves derivatives, it's a standard practice for currency-hedged share classes and doesn't inherently make the ETF complex. Securities lending introduces counterparty risk, but it's a common practice and doesn't automatically classify an ETF as complex if well-managed."
    }
}