{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETC",
        "leverage": false,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthethic",
        "complex_factors": "Index utilizing futures contracts, currency hedging, and roll costs. The ETF's performance depends on the Optimized Roll Energy EUR-Hedged Total Return Index, which involves rolling futures contracts, adding complexity",
        "classification": "complex",
        "supporting_data": "The WisdomTree Energy Enhanced - EUR Daily Hedged ETC is classified as complex. The KID states the product provides exposure to a basket of Energy currency hedged in Euro futures contracts. The use of futures contracts, currency hedging and the fact the the index uses a rolling methodology to manage the futures contracts are all indications of a complex asset that is not simple for a basic retail investor to understand. The product's risks include the potential for significant losses and the fact that price changes in the referenced futures contracts will not necessarily result in correlated changes in the level of the Benchmark or of the Product, the ETF's performance and the roll costs being an indicator of complexity. ESMA defines any use of derivatives as complex. The product is not simple and may be difficult to understand, as stated in the KID."
    }
}