{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI STOXX EUROPE 600 UCITS ETF ACC",
    "investment_objective": "Track the performance of STOXX Europe 600 Index with minimal tracking error",
    "primary_asset_class": "Equity",
    "geographic_focus": "Developed markets in Europe",
    "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 STOXX Europe 600 Index via direct physical replication, investing directly in the underlying securities in proportions closely matching the index. The KIID and PRIIPs KID confirm that derivatives are only 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 does not employ leverage, inverse or amplified exposure. The risk indicator is moderate (4/7), reflecting market risk typical of equity investments, with no capital protection or structured features. Costs are straightforward with a low ongoing charge (0.07%) and no performance fees. Securities lending is used to generate additional income but does not imply complexity under MiFID II. The factsheet confirms physical replication and no use of complex derivatives or structured products. There are no complexity flags such as contingent convertible bonds, capital protection, or significant counterparty risk exposure. The product is intended for retail investors with basic investment knowledge and no specific complexity warnings are present in the PRIIPs KID. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance and invests in liquid, transparent securities, supporting a non-complex classification under MiFID II."
}