{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "High Yield Bonds",
            "ESG Index"
        ],
        "classification": "non-complex",
        "supporting_data": "The asset is a UCITS ETF, which is generally presumed non-complex. It tracks the Bloomberg MSCI US Corporate High Yield SRI Sustainable Index. The replication method is direct and physical. While it invests in high-yield corporate bonds, which carry credit risk, this market risk does not automatically make the ETF complex under MiFID II. The index's ESG (Environmental, Social, and Governance) screening is a feature of the underlying index methodology and does not inherently introduce structural complexity to the ETF's product design. The KID mentions counterparty risk and operational risk as general risks, but these are standard for most financial products and do not indicate structural complexity. Securities lending may be used for income generation but is a secondary feature and not the core strategy. There is no mention of leverage, embedded derivatives, or other complex features that would override the baseline UCITS presumption. Therefore, based on the provided information, the ETF is classified as non-complex."
    }
}