{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "synthethic",
        "complex_factors": [
            "Currency Hedges",
            "Derivative usage to take proportionate exposure on the components of the Index.",
            "Index and Strategy Complexity"
        ],
        "classification": "complex",
        "supporting_data": "This is a UCITS ETF that aims to track the J.P. Morgan Global Government ESG Liquid Bond Index. The fund uses a stratified sampling approach and may invest directly or through derivatives. The class is currency-hedged with the fund using currency forwards. Use of derivatives indicates a complex product. Currency hedging itself increases complexity. The ESG focus, while positive, adds a layer of interpretation and potential complexity for retail investors depending on how the ESG criteria are integrated within the index methodology. The fund uses a 'portfolio optimisation' technique, adding a further layer of potential complexity."
    }
}