{
    "fund_name": "Leverage Shares -2x Short WTI Oil ETP",
    "type": "ETP",
    "ucits": false,
    "replication_method": "physical",
    "leverage": true,
    "inverse": true,
    "derivatives": false,
    "swaps": false,
    "complex_factors": [
        "Leverage",
        "Inverse Exposure",
        "Short-Term Trading Focus"
    ],
    "classification": "complex",
    "supporting_data": "The ETP is classified as complex due to its inverse leverage structure (-2x daily return of the underlying asset), which introduces significant complexity in terms of risk management and performance tracking. The product is designed for short-term trading (recommended holding period of 1 day) and carries a high risk profile (risk indicator 7/7). The physical replication method does not use derivatives or swaps, but the inverse leverage and short-term trading focus make it unsuitable for retail investors who may not fully understand the compounding effects and risks involved. The product is not UCITS-compliant, further indicating its complex nature.",
    "confidence": 95
}