{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthetic",
        "complex_factors": "Synthetic replication via swaps, introducing counterparty and collateral risks; ETF invests in technology sector, which may present a lack of investor understanding.",
        "classification": "complex",
        "supporting_data": "The ETF utilizes synthetic replication via an over-the-counter (OTC) swap contract (financial derivative instrument). The use of derivatives is central to achieving the investment objective and introduces counterparty risk. The KID states that the fund seeks to achieve its objective via indirect replication by entering into an over-the-counter swap contract (financial derivative instrument, the FDIu2019). As per the guidance '2. Check Derivative Use: Central to the strategy (e.g., synthetic replication)u2014complex'. Also, the ETF invests in the technology sector, which could be seen as a complex index by some investors."
    }
}