{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The AMUNDI INDEX MSCI JAPAN SRI PAB - UCITS ETF DR - HEDGED GBP is a UCITS-compliant ETF that physically replicates the MSCI Japan SRI Filtered PAB Index by direct investment in underlying securities. The KIID and PRIIPs KID documents confirm the replication method is direct physical replication with only limited use of derivatives for operational purposes such as managing inflows/outflows or minor exposure adjustments, 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 or amplified exposure, nor does it invest in complex underlying assets such as contingent convertible bonds or CLOs. The risk profile is moderate (4 out of 7), reflecting typical equity market risk without additional complexity. Costs are straightforward with a single ongoing charge of 0.20%, no performance fees, and no swap or derivative fees. The factsheet confirms physical replication, no leverage, and no complex derivative usage. The index tracked is an ESG-filtered large and mid-cap Japanese equity index, which is transparent and liquid. No capital protection or structured features are present. There are no complexity flags such as significant counterparty risk, capital guarantees, or complex fee structures. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}