{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETC",
        "complex_factors": "Leverage (2x daily), daily reset compounding effect can deviate from index performance, exposure to a commodity index (Bloomberg Corn Sub Excess Return), and the use of futures contracts.",
        "classification": "complex",
        "leverage": true,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "synthethic",
        "supporting_data": "The WisdomTree Corn 2x Daily Leveraged ETC is classified as complex due to its leveraged nature, which introduces significant risk and is difficult for retail investors to understand. The KID document explicitly states that the product is 'not simple and may be difficult to understand'. The compounding effect of the daily reset exacerbates the risk, potentially leading to returns that deviate significantly from the index. Furthermore, the product uses futures contracts (derivatives), central to its investment strategy to track the index. The use of leverage magnifies the potential gains and losses, making the product highly risky, which is reflected in a 7/7 risk rating. The PRIIP document includes a comprehension alert and the intended investor is one with specific knowledge or experience in financial markets.",
        "ISIN": "JE00B2NFTG43",
        "PRIIP_Risk_Rating": "7/7"
    }
}