{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "Financial derivative instruments (that is, financial contracts whose prices are dependent on one or more underlying assets) in order to manage the portfolio efficiently.",
        "classification": "non-complex",
        "supporting_data": "The asset is a UCITS ETF which by MiFID II rules leads to a presumption of non-complexity. The ETF seeks to track the performance of an index. It uses a replication strategy to create a near mirror-image of the Index. The ETF may use financial derivative instruments to manage the portfolio efficiently, but it is not central to achieving its investment objective.  The ETF does not currently engage in securities lending. The fund seeks to hold all the securities of the Index with the approximate weightings as in that Index. Screening Risk: There is a risk that the index provider may make errors, such as incorrect assessment of the screen criteria and/or include incorrect/exclude correct constituents in the screening process.",
        "complex": false,
        "non-complex": true,
        "explanation": "The ETF is a UCITS ETF, using physical replication. Derivatives are used only for efficient portfolio management (EPM). The structure and risks are relatively straightforward."
    }
}