{
    "success": true,
    "data": {
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETP",
        "complex_factors": [
            "Complex Index (FAANG+ Index)"
        ],
        "classification": "complex",
        "supporting_data": "The product is an ETP (Exchange Traded Product) which tracks the Solactive FAANG+ Index. While UCITS ETFs are generally presumed non-complex, the underlying index 'Solactive FAANG+ Index' which tracks ten specific US tech stocks, is likely considered complex due to its sector-specific and potentially concentrated nature. The KID also explicitly states: 'You are about to purchase a product that is not simple and may be difficult to understand.' This statement, combined with the specific nature of the index components, suggests that a retail investor with basic knowledge may not fully grasp the nuances and risks associated with this particular index, leading to a complex classification under MiFID II."
    }
}