{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "synthethic",
        "ucits": false,
        "type": "ETC",
        "complex_factors": "The ETC aims to replicate the Bloomberg Commodity Wheat Subindex 4W Total Return Index (BCOMWH 4T) by tracking the Bloomberg Wheat Sub Excess Return Index. The product has exposure to Wheat futures contracts. The product is not simple and may be difficult to understand. Price changes in the futures 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 futures contracts.",
        "classification": "complex",
        "supporting_data": "The WisdomTree Wheat ETC is designed to provide a total return exposure to Wheat futures contracts. This exposes the investor to the complexity of futures contracts, which are derivatives. The ETC aims to replicate an index, which uses futures contracts. The KID states 'You are about to purchase a product that is not simple and may be difficult to understand'. The productu2019s performance is linked to the Bloomberg Commodity Wheat Subindex 4W Total Return Index, making it sensitive to futures contract dynamics. The document warns that the investor may not be able to understand the product. The risks include factors that contribute to complexity, such as 'rolling' of futures contracts. This rolling process introduces costs and potential tracking error. This aligns with the MiFID II definition because it uses derivatives to track the index and the 'rolling' process is a key characteristic of how the product functions. Therefore, the classification is complex."
    }
}