{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETP",
        "leverage": false,
        "derivatives": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthethic",
        "complex": "complex",
        "complex_factors": "The ETP tracks an index using FX forward contracts, implying the use of derivatives. The product's structure involves rolling forward contracts which can cause roll costs, or contango effects.",
        "supporting_data": "The WisdomTree Long EUR Short USD ETP is designed to provide exposure to EUR relative to USD using FX forward contracts. The KID document states: 'You are about to purchase a product that is not simple and may be difficult to understand.' It tracks the MSFXSM Long Euro Total Return Index. This index's methodology and the use of forward contracts introduces complexity and is not easily understood by retail investors without specialist knowledge. The 'rolling' of forward contracts is also cited as a factor that impacts index performance. The product is designed to provide a total return comprised of the daily performance of FX forward contracts being Long EUR relative to USD. Price changes in the forward contracts referenced in the Benchmark will not necessarily result in correlated changes in the level of the Benchmark or of the Product. This may be due to a number of factors including the effect of 'rolling' of forward contracts, therefore this indicates a complex product.",
        "classification": "complex"
    }
}