{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Index tracks ESG characteristics"
        ],
        "classification": "non-complex",
        "supporting_data": "The Fidelity Emerging Markets Quality Income UCITS ETF is a UCITS compliant ETF. The objective of the fund is to provide a total return reflecting the return of the Fidelity Emerging Markets Quality Income Index. The fund aims to replicate the index by holding all of the index securities in a similar proportion to their weighting in the index. The fund may use derivatives for efficient portfolio management and currency hedging purposes. The KID document states that the fund is categorised in risk class 6 due to market risk and the investment policy. However, there are no elements listed within the KIID suggesting a complex structure. The fund tracks a transparent index and uses physical replication. The use of derivatives is limited to efficient portfolio management and currency hedging, and therefore is not considered a core component of the investment strategy. The index uses ESG screening and integration in the index construction as part of its methodology so that a minimum of 50% of its constituents are deemed to maintain desirable ESG and characteristics. No structured products or complex derivative instruments are mentioned in the KIID. The fact it is a UCITS compliant ETF, and uses physical replication of a straightforward index, means it is non-complex."
    }
}