{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi MSCI EMU ESG Broad Transition UCITS ETF DIST",
    "investment_objective": "Track the MSCI EMU ESG Broad CTB Select Net Total Return Index with ESG and Climate Transition focus",
    "primary_asset_class": "Equity",
    "geographic_focus": "Eurozone / EMU countries",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS fund physically replicating the MSCI EMU ESG Broad CTB Select Net Total Return Index by direct investment in underlying securities. The KIID and PRIIPs KID explicitly state the use of direct replication with only limited use of derivatives for efficient portfolio management and managing inflows/outflows, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, or funded/unfunded swaps. No leverage or inverse exposure is indicated. The risk level is moderate (4/7), reflecting typical equity market risk without additional complexity. The fund invests in liquid, large and mid-cap Eurozone equities with ESG and climate transition criteria, but no complex underlying assets such as contingent convertible bonds or structured products are held. Costs are straightforward with a low ongoing charge and no performance fees. The factsheet confirms physical replication and no synthetic or swap-based structures. No capital protection or structured features are present. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the fund exhibits a clear, linear relationship to the underlying index performance and minimal derivative use solely for operational efficiency, leading to a non-complex classification under MiFID II."
}