{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "derivatives": false,
        "swaps": false,
        "leverage": false,
        "inverse": false,
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant. It aims to track the Solactive Swiss Large Cap index (NTR) using physical replication by buying a substantial number of the securities in the index. The index is a total return net basis, and dividends are reinvested after tax. The fund may use derivatives for efficient portfolio management to manage risk, reduce costs, and improve results, but they are not integral to achieving the investment objective. Securities lending is also mentioned as a way to generate additional income. The KIID indicates a risk and reward profile in category 6, suggesting potential for both losses and gains due to strong share price fluctuations, which is considered market risk rather than structural complexity. The KIID also mentions that the fund's performance may be substantially different from the index due to costs/taxes or volatile markets. The ongoing charges are 0.30%, and securities lending fees are 0.01%. There is no mention of embedded derivatives, leverage beyond normal UCITS limits, or complex underlying assets. The index itself is described as reflecting the performance of shares of large companies, suggesting a straightforward underlying. Based on the provided rules, physical replication of a well-defined index, with limited derivative use for EPM, and risks primarily related to market volatility and tracking error, points towards a non-complex classification. The absence of embedded derivatives, leverage, and the transparent nature of the index support this classification."
    }
}