{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc",
    "investment_objective": "Track the performance of MSCI EM Asia ESG Broad CTB Select Net USD Index with minimized tracking error",
    "primary_asset_class": "Equity",
    "geographic_focus": "Emerging Markets Asia",
    "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 tracking an MSCI Emerging Markets Asia ESG index using direct physical replication. The KIID and PRIIPs KID explicitly state that the exposure to the index is achieved through direct investments in transferable securities closely matching the index constituents. Derivatives may be used only for efficient portfolio management and to manage inflows/outflows, not as an inherent part of the investment strategy, so derivative use is incidental and not complexity-driving. There is no mention of synthetic replication, swap agreements, or funded/unfunded swaps. No leverage or inverse exposure is present. The risk profile is moderate (risk level 4 out of 7), reflecting market and emerging market risks, but no complexity flags such as capital protection or structured features are noted. Costs are straightforward with a simple ongoing charge of 0.25%, no performance fees, and no swap or derivative fees disclosed. The index tracked is an ESG and climate-transition focused equity index with some exclusions and reweighting, but it is a standard equity index without complex structured products or contingent bonds. Securities lending is used to generate additional income but is a common practice and does not add complexity under MiFID II. The PRIIPs KID does not include any comprehension warnings or complexity disclaimers. The monthly factsheet (though not detailed here) does not indicate any synthetic replication or swap usage. Overall, the ETF exhibits characteristics of a non-complex product under MiFID II criteria."
}