{
    "success": true,
    "data": {
        "complex": "non-complex",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The UBS (Lux) Fund Solutions - Bloomberg TIPS 1-10 UCITS ETF is a passively managed ETF that aims to track the Bloomberg US Government 1-10 Year Inflation-Linked Bondu2122 Index (Total Return). The fund may use derivatives, but only for efficient portfolio management (EPM) such as hedging currency risk or gaining exposure to the index, and their use should have minimal impact on the risk-return profile according to the MiFID II regulations. The fund predominantly invests in bonds and transferable securities. The key investor information document does not indicate the use of swaps, leverage or complex indices. The ETF's objective of tracking a transparent index, combined with its physical replication method, supports its classification as non-complex. The fund invests in fixed income securities and therefore is subject to credit risk and changes in interest rates but this does not relate to complexity. The fund is in risk category 3 because the volatility of its returns is low therefore indicating a non-complex structure and risk profile."
    }
}