{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Derivatives for EPM"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF aims to reflect the performance of the CAC 40u00ae index using physical replication by buying all or a substantial number of the securities in the index. While the document mentions the fund may employ techniques and instruments, including derivatives, for risk management, cost reduction, and to improve results, it emphasizes buying the underlying securities. This indicates that derivatives are not integral to the replication strategy but rather for portfolio management. The risk profile is rated category 6, indicating high fluctuations and potential for losses and gains, but this is attributed to market movements rather than structural complexity. Securities lending is mentioned but is a secondary income-generating activity. The index itself (CAC 40) is a transparent equity index. There is no indication of embedded derivatives, leverage beyond UCITS limits, or opaque structures. Therefore, based on the principles of MiFID II and the provided information, the ETF is considered non-complex."
    }
}