{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "Securities Lending",
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and seeks to track the MSCI Japan Index using an optimization strategy to build a representative portfolio, primarily investing in securities included in the Index. Derivatives are used for efficient portfolio management only. Securities lending is present, but capped at 40% and is well managed and secondary. The fund aims to reduce exchange rate fluctuations. The risk rating is 6/7, reflecting market volatility rather than structural complexity. It uses physical replication to track the index.Overall the asset aligns with MiFID II non-complex ETFs but the Securities lending adds a little complexity.",
        "complex": false
    }
}