{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI PRIME ALL COUNTRY WORLD UCITS ETF DIST",
    "investment_objective": "Track the performance of Solactive GBS Global Markets Large & Mid Cap USD Index NTR",
    "primary_asset_class": "equity",
    "geographic_focus": "Global (Developed and Emerging Markets)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses direct physical replication by investing directly in transferable securities representing the index constituents in proportions close to the index. The KIID and PRIIPs KID confirm that derivatives may only be used for efficient portfolio management and to manage inflows/outflows, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, or funded/unfunded swaps. The fund is UCITS compliant, with a low ongoing charge (0.07%) and no performance fees. The risk indicator is moderate (4 out of 7), reflecting market risk from global equities, with no leverage or inverse exposure. The underlying index is a broad, transparent equity index covering large and mid-cap stocks globally, with no complex structured products or contingent bonds. The factsheet confirms physical replication and no use of synthetic instruments. No capital protection or structured features are present. The risk disclosures do not indicate significant counterparty risk or derivative complexity. Overall, the ETF exhibits a straightforward, linear exposure to a liquid, transparent equity index with minimal derivative use limited to risk management, thus classifying it as non-complex under MiFID II."
}