{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The AMUNDI GLOBAL EMERGING BOND MARKIT IBOXX UCITS ETF Dist is a UCITS-compliant ETF that physically replicates the Markit iBoxx USD Liquid Emerging Markets Sovereigns Index using a sampled direct replication method. The KIID and PRIIPs KID documents confirm that the fund invests mainly in transferable securities representing the index constituents, with no synthetic replication or use of funded or unfunded swaps. Derivatives may be used only for efficient portfolio management purposes such as managing inflows/outflows or better exposure to index constituents, not as an inherent part of the investment strategy, so derivative exposure is minimal and not complexity-driving. There is no leverage, inverse or amplified exposure. The underlying assets are sovereign emerging market bonds, which are liquid and transparent, with no complex structured products or contingent capital instruments involved. The risk profile is moderate (SRRI 3/7), consistent with a bond ETF, and there are no capital protection or structured features. Costs are straightforward with a simple ongoing charge of 0.30%, no performance fees, and no swap or derivative fees. The factsheet confirms physical replication, no use of swaps, and a straightforward bond portfolio with about 40 holdings, mainly sovereign bonds. No complexity flags such as contingent convertible bonds, leverage, or synthetic structures are present. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}