{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi US Treasury Bond 3-7Y UCITS ETF Dist",
    "investment_objective": "To track the Bloomberg Barclays US Treasury 3-7 Year Index, representative of US Treasury bonds with maturities between 3 and 7 years, via direct or sampling physical replication.",
    "primary_asset_class": "Bond",
    "geographic_focus": "United States",
    "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 tracking a well-known Bloomberg Barclays US Treasury 3-7 Year Index. The investment objective is achieved primarily through direct physical replication or sampling of the underlying US Treasury bonds. There is no mention of synthetic replication, swap agreements, or derivative instruments used as part of the investment strategy. The factsheet confirms physical replication and explicitly states no use of OTC swaps for replication, only a securities lending program which is common and does not trigger complexity. There is no leverage, inverse exposure, or capital protection features. The risk profile is low (SRRI 2/7), consistent with a straightforward bond ETF. Costs are simple with a low ongoing charge (0.06%) and no performance fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. The underlying assets are liquid US Treasury bonds with high credit quality (AA+ average rating). No complex structured products or contingent bonds are held. Counterparty risk is minimal and related only to securities lending, within UCITS limits. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance with minimal derivative exposure used only for risk management if any, thus it is classified as non-complex under MiFID II."
}