{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "ESG/SRI Screening of Index",
            "Climate Transition Strategy in Index",
            "Currency Hedging"
        ],
        "classification": "non-complex",
        "supporting_data": "The UCITS ETF tracks the MSCI Japan SRI Filtered PAB Index, which involves ESG screening and a climate transition strategy. The ETF uses direct physical replication, holding underlying securities to track the index. Derivatives are stated to be used only for efficient portfolio management (managing inflows/outflows) and potentially if they allow better exposure to index constituents, which is generally considered non-complex if limited and for EPM. Currency hedging is mentioned, which can introduce tracking differences but is typically considered an EPM activity. The key indicators for complexity (synthetic replication, embedded derivatives, complex underlying instruments or structures) are not present. The index methodology, while incorporating ESG and climate factors, is described as publicly available, supporting transparency. Therefore, based on the provided information and the MiFID II framework, the ETF is classified as non-complex."
    }
}