{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi MSCI Europe II UCITS ETF Acc",
    "investment_objective": "Replicate the EUR-denominated MSCI Europe Net Total Return Index (net dividends reinvested), representative of large- and mid-cap companies in developed European markets, minimizing tracking error.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Developed European markets",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant fund that physically replicates the MSCI Europe Net Total Return Index primarily through direct investment in the index components, with possible use of sampling techniques and temporary guaranteed sales of securities. 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), reflecting typical equity market risk without additional complexity. Counterparty risk disclosures relate only to securities lending programs and are limited to 10% exposure, consistent with UCITS guidelines. Costs are straightforward with a TER of 0.25%, no performance fees, and no complex fee structures. The underlying assets are large- and mid-cap European equities, which are liquid and transparent. The PRIIPs KID confirms the fund is intended for investors with basic knowledge and no complex comprehension warnings are present. The factsheet confirms physical replication and no use of swaps or synthetic structures. Overall, the fund exhibits none of the MiFID II complexity triggers such as synthetic replication, leverage, complex underlying assets, or capital protection features. Therefore, it is classified as non-complex."
}