{
    "type": "ETP",
    "ucits": false,
    "leverage": true,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [
        "Leverage",
        "Compounding Effect",
        "High Risk Profile"
    ],
    "classification": "complex",
    "supporting_data": "The Leverage Shares 2x Advanced Micro Devices ETP is classified as complex due to its leveraged structure (2x daily exposure), which introduces significant risks such as compounding effects and high volatility. The product explicitly states it is not simple and may be difficult to understand, targeting only sophisticated investors. The risk indicator is at the highest level (7/7), and the product involves daily rebalancing that can lead to unexpected returns over longer holding periods. While it uses physical replication, the leverage and associated risks make it inherently complex under MiFID II.",
    "confidence": 95
}