{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and seeks to track the MSCI World Communication Services 35/20 Capped Index using physical replication. Derivatives may be used for efficient portfolio management, but are not central to the investment strategy. The index tracked is a standard equity index. Securities lending is permitted, but the maximum exposure is limited to 40% of the NAV. There is nothing in this KID to suggest derivatives are core to the investment policy nor is there evidence of complex features such as contingent convertibles. The ETF is non-complex as it physically replicates a transparent index and uses derivatives only for EPM with limited impact on risk-return."
    }
}