{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI MSCI UK IMI SRI PAB - UCITS ETF DR - GBP",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant equity ETF tracking the MSCI UK IMI SRI Filtered PAB Index, which is a large, mid, and small-cap UK equity index with ESG and Paris-aligned climate criteria. The replication method is direct physical replication, investing mainly in transferable securities representing the index constituents in proportions very close to the index. The KIID and PRIIPs KID explicitly state that derivatives may be used only for managing inflows/outflows or to improve exposure to index constituents, not as an inherent part of the investment strategy, indicating derivatives use is ancillary and not structural. There is no mention of synthetic replication, swap agreements, total return swaps, or counterparty risk related to derivatives. The fund does not employ leverage, inverse exposure, or capital protection mechanisms. The risk indicator is moderate (4 out of 7), consistent with a straightforward equity index fund. Costs are simple, with a low ongoing charge (0.18%) and no performance fees or swap fees. The monthly factsheet confirms physical replication, no leverage, and no complex underlying assets such as contingent convertible bonds or CLOs. The index tracked is a standard MSCI ESG-filtered equity index without complex structured products. There are no complexity flags such as capital guarantees, structured returns, or significant counterparty risk. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}