{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "ESG Criteria might be complex for retail investors",
            "Derivatives can be used to deal with inflows and outflows"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant and uses direct replication for tracking the index. Derivatives may be used for efficient portfolio management (EPM) related to inflows and outflows, but this does not automatically render the ETF complex if the derivative use is limited and risk is mitigated. The index tracks euro-denominated investment grade fixed-rate corporate bonds, which are normally considered non-complex instruments. Though the ESG criteria may introduce some complexity, the ETF is mainly focused on the bond market and ESG characteristics. No leverage is specified and the UCITS framework presumes the risk is limited.",
        "complex": false,
        "non-complex": true
    }
}