{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi MSCI Japan SRI Climate Paris Aligned - UCITS ETF DR - HEDGED CHF",
    "investment_objective": "Track the performance of MSCI Japan SRI Filtered PAB Index with minimized tracking error",
    "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 SRI Filtered PAB Index by direct investment in underlying securities. The KIID and PRIIPs KID explicitly state the use of direct replication with only limited derivative use 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, or funded/unfunded swaps. The fund does not employ leverage, inverse or amplified exposure. The risk profile is moderate (4/7), reflecting typical equity market risk without additional complexity. The fund uses currency hedging but this is a standard risk management technique, not a complexity driver. Costs are straightforward with a simple ongoing charge of 0.20%, no performance fees, and no complex fee structures. The underlying index is a standard ESG-filtered equity index with no complex structured products or contingent bonds. The monthly factsheet confirms physical replication and no use of swaps or leverage. There are no capital protection or structured features. The risk disclosures do not indicate significant counterparty risk or derivative-related complexity. Overall, the fund\u2019s structure, replication, and risk profile align with a non-complex classification under MiFID II."
}