{
    "success": true,
    "data": {
        "complex": false,
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "synthethic",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [
            "Currency Hedging Strategy",
            "Derivative Usage for Efficiency",
            "Sophistication of Underlying Index"
        ],
        "classification": "non-complex",
        "supporting_data": "The UBS (Lux) Fund Solutions - MSCI USA Socially Responsible UCITS ETF, class (hedged to EUR), is passively managed, tracking the MSCI USA SRI Low Carbon Select 5% Issuer Capped 100% hedged to EUR Index (Net Return).  While the fund uses derivatives for currency hedging (selling currency forwards), this is explicitly stated as a risk mitigation strategy to reduce the impact of currency fluctuations, not a core component of the investment objective or an overly complex approach.The fund does not engage in securities lending, leverage, or capital protection strategies, which often contribute to a complex classification.  The fund invests predominantly in shares, transferable securities, money market instruments, and other eligible assets, all of which are considered relatively standard within the UCITS framework. Although the index excludes 75% of the least well-rated securities, this level of filtering does not introduce complexity; instead, it is a component of the index's methodology, which is publicly available.The risk category 6 is primarily due to the high volatility of equity investments. The complexity of the fund's structure, as evaluated by MiFID II standards, is relatively low. The ETF's classification as 'complex' or 'non-complex' depends significantly on its detailed derivative usage to reduce risks. The usage of derivatives for 'efficient portfolio management', hedging currency risk, and managing inflows/outflows, is not inherently complex according to the given data."
    }
}