{
    "type": "ETP",
    "leverage": true,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": false,
    "complex_factors": [
        "Leverage",
        "Compounding Effect",
        "High Risk Profile"
    ],
    "classification": "complex",
    "supporting_data": "The Leverage Shares 3x Long China ETP is classified as complex due to its 3x leverage, which amplifies both gains and losses, making it unsuitable for retail investors without sophisticated knowledge. The compounding effect from daily rebalancing further complicates the return profile, as it can lead to unexpected outcomes over longer holding periods. The high risk indicator (7 out of 7) and the explicit warnings about potential losses and the need for daily monitoring reinforce its complexity. While the replication method is physical, the leverage and associated risks make it a complex instrument under MiFID II.",
    "confidence": 95
}