{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi MSCI Japan ESG Climate Net Zero Ambition CTB UCITS ETF EUR Acc",
    "investment_objective": "Track the MSCI Japan ESG Broad CTB Select Index with ESG and climate transition focus",
    "primary_asset_class": "Equity",
    "geographic_focus": "Japan",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS fund physically replicating the MSCI Japan ESG Broad CTB Select Index by direct investment in underlying securities. The KIID and PRIIPs KID confirm the use of physical replication with derivatives only used for efficient portfolio management (e.g., managing inflows/outflows or better exposure to index constituents), not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, or funded/unfunded swaps. No leverage or inverse exposure is present. The underlying assets are large and mid-cap Japanese equities with ESG and climate transition criteria, which are liquid and transparent. The risk profile is moderate (4 out of 7), reflecting typical equity market risk without additional complexity. Costs are straightforward with a low ongoing charge (0.15%) and no performance fees. Securities lending is used to generate additional income but does not add complexity under MiFID II. No capital protection or structured features are present. The factsheet confirms physical replication and no use of swaps or leverage. The index tracked is ESG and climate transition focused but does not involve complex derivatives or contingent bonds. Therefore, the ETF does not meet MiFID II criteria for complexity."
}