{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI USD FLOATING RATE CORPORATE BOND ESG UCITS ETF Acc",
    "investment_objective": "Track the performance of iBoxx MSCI ESG USD FRN Investment Grade Corporates TCA Index with ESG characteristics, minimizing tracking error",
    "primary_asset_class": "Bond",
    "geographic_focus": "Developed countries, USD denominated corporate bonds",
    "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 iBoxx MSCI ESG USD FRN Investment Grade Corporates TCA Index by direct investment in underlying bonds, using a sampled replication approach. The KIID and PRIIPs KID confirm no synthetic replication or use of funded or unfunded swaps as part of the investment strategy. Derivatives may be used only for efficient portfolio management (e.g., managing inflows/outflows or better exposure to index constituents), not as an inherent element of the strategy, so derivatives are marked false. There is no leverage, inverse or amplified exposure. The risk profile is low (SRRI 2/7), consistent with investment grade floating rate notes. No capital protection or structured features are present. Counterparty risk is disclosed but limited to operational and securities lending activities, not swap counterparties. Costs are straightforward with no performance fees or swap fees. The underlying assets are liquid investment grade corporate floating rate notes, with no complex structured products or contingent convertible bonds. The index tracked is a standard bond index with ESG criteria, not a complex or leveraged index. The factsheet confirms physical replication and no synthetic or swap usage. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance, with minimal complexity factors. Therefore, under MiFID II, this ETF is classified as non-complex."
}