{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi MSCI China Tech UCITS ETF USD",
    "investment_objective": "Track the performance of MSCI China Tech IMI All Share Stock Connect Filtered Index with minimized tracking error",
    "primary_asset_class": "Equity",
    "geographic_focus": "China",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant equity ETF physically replicating the MSCI China Tech IMI All Share Stock Connect Filtered Index. The KIID and PRIIPs KID explicitly state the replication method is direct physical replication, investing mainly in transferable securities representing the index constituents in proportions close to the index. Derivatives are only used marginally for managing inflows/outflows or to gain better exposure to index constituents, not as an inherent part of the investment strategy, so derivative exposure is minimal and for operational efficiency rather than complexity. There is no mention of synthetic replication, swap agreements, or counterparty risk related to derivatives. The fund does not employ leverage, inverse or amplified exposure. The risk profile is medium-high (5/7) reflecting emerging market equity risk, not structural complexity. No capital protection or structured features are present. Costs are straightforward with a single ongoing charge of 0.55%, no performance fees, and no swap or derivative fees. The underlying assets are liquid equities in China\u2019s technology sector, with no complex bonds or structured products. The factsheet confirms physical replication and no use of swaps. No complexity flags such as contingent convertible bonds, leverage, or synthetic structures are identified. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}