{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "synthethic",
        "complex_factors": [
            "Currency hedging using derivatives",
            "OTC derivatives",
            "Counterparty risk"
        ],
        "supporting_data": "The ETF is UCITS compliant. It is passively managed and tracks the MSCI Switzerland 20/35 100% hedged to GBP Index (Net Return). It aims to reduce the impact of currency fluctuations using currency forwards, which are derivatives. The ETF may use derivatives, exposing investors to potential loss due to counterparty failure. The replication method uses synthetic methods and involves OTC derivatives, creating counterparty risk that is mitigated by a collateral policy. Therefore, it may be considered complex due to derivative instruments.",
        "classification": "complex"
    }
}