{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The AMUNDI ITALY BTP GOVERNMENT BOND 10Y - UCITS ETF Acc is a UCITS-compliant ETF that aims to track the FTSE Eurozone Target Maturity Government Bond Italy (Mid Price) Index through direct replication, primarily by investing directly in the underlying Italian sovereign bonds. The KIID and PRIIPs KID documents confirm the use of physical replication or representative sampling, with derivatives only used marginally for managing inflows/outflows or optimizing exposure, not as an inherent part of the investment strategy. 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-low (3 out of 7), consistent with a straightforward bond ETF. Costs are simple, with no performance fees or swap fees, and only a low ongoing charge of 0.165%-0.17%. The underlying assets are liquid Eurozone government bonds with no complex structured products or contingent convertible bonds. No complexity flags such as capital guarantees, barrier options, or complex derivatives are present. The PRIIPs KID does not include any comprehension warnings or complexity disclaimers. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}