{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI EURO HIGH YIELD BOND ESG UCITS ETF Dist",
    "investment_objective": "Track the performance of iBoxx MSCI ESG EUR High Yield Corporates TCA Index with ESG criteria, minimizing tracking error",
    "primary_asset_class": "Bond",
    "geographic_focus": "Eurozone corporate bonds (BB/B rated)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant bond ETF that tracks a high yield euro corporate bond index with ESG criteria. The replication method is direct physical replication with a sampled approach, investing mainly in transferable securities representing the index constituents. The KIID and PRIIPs KID explicitly state that derivatives may be used only for efficient portfolio management (dealing with inflows/outflows or better exposure to index constituents), 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 (3 out of 7 in PRIIPs KID, 4 out of 7 in MiFID KIID), reflecting credit and liquidity risks typical of high yield bonds, but no complexity flags such as capital protection or structured features are present. Costs are straightforward with no performance fees or swap fees. The index tracked is a bond index with ESG filters but does not involve complex structured products or contingent bonds. The PRIIPs KID does not include any comprehension warnings or complexity disclaimers. The monthly factsheet (though not fully provided) does not indicate any synthetic or leveraged structures. Therefore, the ETF is classified as non-complex under MiFID II criteria."
}