{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi Euro Government Bond 1-3Y UCITS ETF Acc",
    "investment_objective": "To reflect the performance of the Bloomberg Barclays Euro Treasury 50bn 1-3 Year Bond Index, primarily via direct replication of the underlying bonds with possible sampling and securities lending.",
    "primary_asset_class": "Bond",
    "geographic_focus": "Eurozone sovereign bonds of European Monetary Union countries",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant bond ETF tracking a well-known Bloomberg Barclays Euro Treasury 1-3 year government bond index. The investment strategy is primarily physical replication with possible sampling and securities lending to optimize tracking. There is no mention of synthetic replication, swap agreements, or total return swaps. The factsheet explicitly states 'Replication type: Physical' and notes counterparty risk only in relation to securities lending, which is common and not considered a core derivative strategy. There is no leverage or inverse exposure. The risk profile is low (SRRI 2/7), consistent with short-duration government bonds. Costs are straightforward with a low ongoing charge (0.15%) and no performance fees. The PRIIPs KID confirms a low risk indicator and no complexity warnings or comprehension alerts. The underlying assets are liquid, investment grade sovereign bonds with no complex structured products or contingent capital instruments. No capital protection or structured features are present. Overall, the ETF exhibits a simple, transparent, and linear exposure to the underlying index, with minimal derivative use only for risk management (securities lending). Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}