{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETC",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "None",
        "classification": "non-complex",
        "supporting_data": "This is a UCITS eligible Exchange Traded Commodity (ETC) that offers exposure to the spot price of Physical Platinum. It uses physical replication with allocated Physical Platinum held by HSBC Bank plc. It states in the description that it offers a simple, cost-efficient and secure way to access Physical Platinum by providing a return equivalent to the movements in the Physical Platinum spot price less the applicable management fee and is designed for basic retail investors with specific knowledge or experience of investing in similar products and in financial markets. There is no leverage, swaps or complex holdings or roll costs mentioned, and the metal conforms with the London Platinum and Palladium Association's (LPPM) rules for Good Delivery and each physical bar is segregated, individually identified and allocated.",
        "complex": false,
        "non-complex": true,
        "explanation": "The ETF is classified as non-complex as it is UCITS compliant, uses physical replication, and tracks a transparent index (Platinum spot price)."
    }
}