{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": "Tracks high-yield bonds, subject to credit risk, and uses securities lending, which introduces counterparty risk. Index is not stated as complex or opaque.",
        "classification": "non-complex",
        "supporting_data": "The AMUNDI EURO HIGH YIELD BOND ESG UCITS ETF Dist is a UCITS ETF that aims to track the iBoxx MSCI ESG EUR High Yield Corporates TCA Index through direct replication. The ETF primarily invests in transferable securities and other eligible assets, making direct investments in bonds. The use of derivatives is mentioned for managing inflows/outflows, not as central to the strategy. The ETF also uses securities lending. Given the direct replication method, the absence of leveraged positions, and the use of derivatives only for efficient portfolio management, the ETF can be classified as non-complex. While the ETF invests in high yield bonds, leading to credit risk and the use of securities lending leading to counterparty risk, these features are standard for its asset class and do not inherently introduce complexity that a retail investor cannot comprehend when assessing the risks of investing in such an ETF."
    }
}