{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI EURO STOXX 50 II UCITS ETF Acc",
    "investment_objective": "Replicate the EUR-denominated EURO STOXX 50 Net Return Index performance with minimized tracking error",
    "primary_asset_class": "Equity",
    "geographic_focus": "Eurozone / European Union",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant, passively managed index-tracking fund aiming to replicate the EURO STOXX 50 Net Return Index through direct physical replication or representative sampling of the underlying securities. The KIID and PRIIPs KID explicitly state the use of physical replication, with no mention of synthetic replication, swap agreements, or derivative instruments as part of the core strategy. The factsheet confirms 'Replication type: Physical' and notes that counterparty risk arises only from securities lending programs, not from swap usage. There is no leverage, inverse exposure, or capital protection mechanism. The risk profile is moderate (5/7), consistent with equity market risk rather than complexity-driven risk. Costs are straightforward with no performance fees or swap fees. The underlying assets are liquid blue-chip Eurozone equities, with no complex structured products or contingent bonds. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance, with minimal derivative exposure used only for operational efficiency (e.g., securities lending), which does not trigger complexity under MiFID II. Therefore, the ETF is classified as non-complex."
}