{
    "success": true,
    "response": "```json{  'leverage': false,  'derivatives': false,  'swaps': false,  'inverse': false,  'replication_method': 'physical',  'ucits': true,  'type': 'ETF',  'complex_factors': [],  'classification': 'non-complex',  'supporting_data': 'The AMUNDI CAC 40 ESG UCITS ETF DR - EUR is classified as non-complex because it is a UCITS ETF, which are generally presumed non-complex due to their strict regulatory requirements, as stated in MiFID II Article 254 and Delegated Regulation EU 2017/565 Article 57, and confirmed in CESR/09-295, Section IV, paragraph 69 ('All investments in UCITS are non-complex instruments by definition, for the purposes of the appropriateness requirements, regardless of the underlying instruments in which the UCITS invests.').Key supporting factors for this classification include:- **Replication Method**: The Sub-Fund uses 'Direct Replication', primarily by making direct investments in the underlying transferable securities, which is considered a transparent and straightforward physical replication method (Rule 3).- **Derivative Use**: Derivatives are stated to be used only 'in order to deal with inflows and outflows and also if it allows a better exposition to an Index constituent'. This aligns with Efficient Portfolio Management (EPM) rather than being integral to the investment objective or main index replication strategy (Rule 2). The provided rules specify that if derivatives are used for risk management rather than as an inherent element of the strategy, 'derivatives' should be false.- **Ease of Understanding**: The ETF tracks the 'CAC 40 ESG Index', which is an equity index of top companies based on ESG practices within a well-known parent index. The index is transparent with publicly available information, supporting ease of understanding (Rule 4, Rule 5 - Transparency of the Underlying Index).- **Additional Features**: Securities lending is mentioned as a way to generate additional income, introducing counterparty risk. However, the rules state that securities lending, if a secondary feature and well-managed within UCITS rules, does not automatically make an ETF complex (Rule 5 - Securities Lending). The ETF does not employ significant leverage, offer capital protection through complex structures, or track opaque indices, nor does it refer to complex concepts like roll costs, contango, or backwardation effects that would imply a complex structure.'}```",
    "note": "Response was not in expected JSON format"
}