{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthetic",
        "complex_factors": [
            "Synthetic Replication",
            "Total Return Swaps",
            "Counterparty Risk"
        ],
        "classification": "complex",
        "supporting_data": "This is a UCITS ETF that uses an indirect replication methodology via a total return swap. The use of a total return swap to achieve the investment objective introduces counterparty risk and opacity because the ETF's assets don't directly match the index.  This makes it difficult for a retail investor with basic knowledge to understand the ETF's structure and risks. The KID does not contain a comprehension alert, but it should.",
        "complex": true,
        "non-complex": false
    }
}