{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "None apparent",
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and uses a physical replication strategy to track the MSCI World Health Care 35/20 Capped Index. Derivatives are only used for efficient portfolio management. The ETF invests primarily in equity securities. Securities lending is limited to a maximum of 40% of the Net Asset Value.",
        "complex": false,
        "non-complex": true,
        "justification": "This UCITS ETF uses physical replication and only uses derivatives for efficient portfolio management, fitting the description of a non-complex ETF."
    }
}