{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthethic",
        "complex_factors": [
            "Currency hedging using forwards",
            "OTC derivatives",
            "Counterparty risk"
        ],
        "classification": "complex",
        "supporting_data": "The ETF is UCITS compliant. The ETF is passively managed and tracks the MSCI Canada 100% hedged to EUR Index (Net Return). It uses direct investments and/or derivatives to gain exposure. It utilizes currency forwards to hedge currency risk. The use of OTC derivatives engenders counterparty risk.  The ETF's risk category is 6/7, indicating high volatility. Although derivatives are used for hedging, their central role in replicating the index performance and the introduction of counterparty risk make the asset complex.",
        "complex": true,
        "non-complex": false
    }
}