{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi Stoxx Europe 600 ESG UCITS ETF Acc",
    "investment_objective": "Track the performance of STOXX Europe 600 ESG+ Index with ESG characteristics, minimizing tracking error",
    "primary_asset_class": "equity",
    "geographic_focus": "Europe (developed countries)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS fund that physically replicates the STOXX Europe 600 ESG+ Index by direct investment in underlying securities in proportions close to the index. 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 total return swaps. The fund does not employ leverage, inverse exposure, or capital protection mechanisms. The risk profile is moderate (SRRI 4/7), reflecting typical equity market risk without additional complexity. Costs are straightforward with a low ongoing charge (0.18%) and no performance fees. The factsheet confirms physical replication, no use of swaps, and a simple equity index benchmark. The index itself uses a best-in-class ESG screening methodology but is a standard equity index without complex structured products or contingent bonds. No complexity flags such as contingent convertible bonds, leverage, or significant counterparty risk are present. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}