{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "The ETF tracks a European equity index and may use derivatives for efficient portfolio management but not as a central part of the strategy.",
        "classification": "non-complex",
        "supporting_data": "The Amundi Prime Europe UCITS ETF DR aims to track the Solactive GBS Developed Markets Europe Large & Mid Cap EUR Index through direct replication (physical). Derivatives use is limited to efficient portfolio management (EPM) such as managing inflows/outflows. Securities lending is mentioned, but is a secondary feature. The index is representative of European equity markets of developed nations. The KID indicates a recommended holding period of 5 years. The asset is UCITS compliant. Based on this information and the general rules, the asset is classified as non-complex.  While derivatives may be used for EPM and securities lending introduces counterparty risk, these aspects are considered ancillary and well-managed within the UCITS framework, therefore not triggering a 'complex' classification based on the provided information.  The information provided follows a clear direct replication model. The ESMA guidelines do state that the classification is reliant on the average investor's knowledge. Because the underlying investment objective is clear and the methodology easily understandable for the average investor, the asset is non-complex."
    }
}