{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI EURO STOXX 50 UCITS ETF DR - USD",
    "investment_objective": "Track the performance of EURO STOXX 50 Index with minimal tracking error",
    "primary_asset_class": "Equity",
    "geographic_focus": "Eurozone 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-compliant equity fund that physically replicates the EURO STOXX 50 Index by direct investment in the 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 improving exposure to index constituents, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, total return swaps, or counterparty risk related to derivatives. The fund does not employ leverage, inverse exposure, or capital protection mechanisms. The risk profile is moderate (5/7), reflecting market risk typical of equity investments, with no complexity flags such as contingent bonds or structured products. Costs are straightforward with a low ongoing charge (0.09%) and no performance fees. The monthly factsheet confirms physical replication, no leverage, and direct holdings of liquid, transparent securities. No complexity warnings or comprehension warnings appear in the PRIIPs KID. Overall, the fund exhibits a clear, linear relationship to the underlying index performance, minimal derivative use for risk management only, and no complex features that would trigger a MiFID II complex classification."
}