{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "synthethic",
        "complex_factors": [
            "Derivative usage for index replication",
            "SBIu00ae ESG Foreign AAA-BBB 5-10 Index",
            "Stratified sampling"
        ],
        "classification": "complex",
        "supporting_data": "The ETF is UCITS compliant but uses derivatives and 'portfolio optimisation' to achieve proportionate exposure to the SBIu00ae ESG Foreign AAA-BBB 5-10 Index. While the fund does not engage in securities lending, it may use a combination of direct investment and derivatives and invest in structured notes. The use of derivatives to achieve its investment objective and the stratified sampling approach suggest a level of complexity potentially beyond a retail investor's basic understanding, making the replication strategy synthethic despite not directly using swaps. "
    }
}