{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI EURO GOVERNMENT BOND UCITS ETF Acc",
    "investment_objective": "Track the Bloomberg Euro Treasury 50bn Bond Index with minimized tracking error",
    "primary_asset_class": "Bond",
    "geographic_focus": "Eurozone sovereign bonds",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS fund that physically replicates the Bloomberg Euro Treasury 50bn Bond Index using a sampled direct replication approach. The KIID and PRIIPs KID confirm that derivatives may be used only for efficient portfolio management and to manage inflows/outflows, not as an inherent part of the investment strategy, thus derivatives exposure is minimal and for risk management purposes only. There is no mention of synthetic replication, swap agreements, or counterparty risk beyond normal operational risk. The fund holds investment grade Eurozone government bonds, which are liquid and transparent assets. The risk indicator is moderate-low (3/7), with no leverage or inverse exposure. Costs are straightforward with a low ongoing charge (0.09%) and no performance fees. The factsheet confirms physical replication, no leverage, and no complex underlying assets such as contingent convertible bonds or structured products. There are no capital protection or structured features. The risk disclosures do not indicate complexity beyond normal bond market risks. Overall, the fund exhibits characteristics of a non-complex ETF under MiFID II criteria."
}