{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETP",
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": true,
        "replication_method": "synthethic",
        "complex_factors": "Short NOK Long EUR ETP uses FX forward contracts. There is also rolling costs",
        "classification": "complex",
        "supporting_data": "The WisdomTree Short NOK Long EUR ETP is classified as complex due to its structure and the use of derivatives. The ETP tracks the MSFXSM Short Norwegian Krone/Euro Total Return Index which comprises the daily performance of FX forward contracts being Short NOK relative to EUR. The use of FX forward contracts (swaps) to achieve the investment objective makes it complex and difficult for basic retail investors to understand. Rolling the forwards also introduces cost and potential for performance deviation."
    }
}