{
    "success": true,
    "data": {
        "complex": false,
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [
            "No significant leverage or embedded derivatives",
            "No opaque features",
            "Tracks a transparent index (FTSE Actuaries UK Conventional Gilts All Stocks index)"
        ],
        "classification": "non-complex",
        "supporting_data": "The Amundi UK Government Bond UCITS ETF USD Hedged Acc ETF uses physical replication to track the FTSE Actuaries UK Conventional Gilts All Stocks index.  This replication method is straightforward and transparent.  The ETF uses a daily hedging strategy to manage USD currency risk, but this is a secondary feature and doesn't dominate the risk profile. The ETF's objective, structure, and risks are easily understood by retail investors with basic knowledge.  No mention of synthetic replication, leverage beyond UCITS limits, or other complex features.  The index being tracked is explicitly stated as a total return index, which is a common and transparent structure, not adding to the complexity."
    }
}