{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": true,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "Climate transition strategy",
            "Exposure to Japan equity market (market risk)"
        ],
        "classification": "non-complex",
        "supporting_data": "The ETF uses direct replication, investing in transferable securities and/or other eligible assets representing the index constituents. Derivatives may be used for managing inflows/outflows or to improve exposure to an index constituent. Securities lending is also mentioned. The fund tracks the MSCI Japan SRI Filtered PAB Index. No complex strategies are apparent, and the replication method is predominantly physical, which leads to a non-complex classification. The ETF's structure, and risks like market volatility and tracking error, are straightforward. Despite using derivatives for portfolio management (EPM), it is not central to achieving the fund's investment objective, therefore the classification is Non-Complex. Based on ESMA document ESMA35-36-1640 the fund would meet the requirements for execution-only. Based on CESR/09-295.pdf this fund would be considered non-complex."
    }
}