{
    "success": true,
    "data": {
        "leverage": true,
        "derivates": true,
        "swaps": true,
        "inverse": true,
        "replication_method": "physical",
        "ucits": false,
        "type": "ETP",
        "complex_factors": "Leverage (3x), derivative use to achieve the objective of 3x daily returns, compounding effects amplify risks, intended for sophisticated investors with a short time horizon",
        "classification": "complex",
        "supporting_data": "The ETP (Exchange Traded Product) is designed to provide 3x the daily performance of the iShares Silver Trust. This leverage is achieved through derivatives. The KID explicitly states the product is not simple and may be difficult to understand. This is further reinforced by the high-risk rating of 7/7.  The use of leverage and derivatives combined with the compounding effect of daily rebalancing results in a complex asset that is not easily understood by retail investors. Also the KID states 'You are about to purchase a product that is not simple and may be difficult to understand.'"
    }
}