{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The Amundi US TIPS Government Inflation-Linked Bond UCITS ETF Acc is a UCITS-compliant ETF that physically replicates the Bloomberg Barclays US Government Inflation-Linked Bond Index by investing primarily in the underlying US Treasury Inflation Protected Securities (TIPS). The KIID and PRIIPs KID confirm the use of direct replication and sampling strategies without synthetic replication or swap agreements. The factsheet explicitly states the replication type as physical and mentions no use of funded or unfunded swaps, total return swaps, or other derivative instruments as part of the investment strategy. While the fund may use derivatives for currency hedging (daily USD/GBP hedging), this is for risk management and not an inherent part of the investment strategy, so derivatives are marked false. There is no leverage, inverse or amplified exposure. The risk profile is moderate-low (3/7), consistent with a straightforward bond index tracking ETF. The portfolio consists almost entirely of liquid US government inflation-linked bonds with high credit quality (AA+ average rating), no complex structured products or contingent convertible bonds are held. Counterparty risk is limited and only related to securities lending programs, not to synthetic replication. Costs are simple with a low ongoing charge (0.09%) and no performance fees or swap fees. There are no capital protection or structured features. No complexity warnings or comprehension warnings appear in the PRIIPs KID. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance, with minimal derivative exposure used only for currency hedging, and no leverage or synthetic replication. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}