{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthetic",
        "complex_factors": [
            "Derivatives usage for index replication",
            "Currency hedging using forwards",
            "Stratified sampling introduces complexity"
        ],
        "classification": "complex",
        "supporting_data": "The ETF is UCITS compliant. It uses a stratified sampling approach to track the Bloomberg US Liquid Corporatesu2122 1-5 Year Index (Total Return) and may use derivatives or direct investment to achieve proportionate exposure. The fund may hold securities not in the index. Currency hedging is implemented using currency forwards. Use of derivatives for tracking and currency hedging lead to a 'complex' determination. Even the stratified sampling leads to lack of easy understanding."
    }
}