{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI Japan TOPIX II UCITS ETF EUR Dist",
    "investment_objective": "Replicate the JPY-denominated TOPIX\u00ae Gross Total Return Index (gross dividends reinvested) representing Japanese equities listed on the Tokyo Stock Exchange First Section",
    "primary_asset_class": "Equity",
    "geographic_focus": "Japan",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant equity fund tracking the TOPIX Total Return Index through physical replication, primarily by direct investment in the index components with possible sampling techniques. There is no mention of synthetic replication, swap agreements, or derivative instruments used as part of the investment strategy. The fund does not employ leverage or inverse exposure. The risk profile is moderate (4 out of 7), consistent with equity market risk, without elevated derivative or counterparty risk beyond normal securities lending exposure. The factsheet confirms physical replication and no use of swaps, although it notes a minor counterparty risk related to securities lending, which is typical and limited under UCITS rules. Costs are straightforward with no performance fees or complex fee structures. No capital protection or structured features are present. The underlying assets are liquid Japanese equities, and the benchmark is a broad, transparent index. 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 and minimal derivative exposure used only for operational efficiency, not as a core strategy element. Therefore, under MiFID II, this ETF is classified as non-complex."
}