{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi Euro Stoxx Banks UCITS ETF Acc",
    "investment_objective": "Track the Euro STOXX Banks Net Return EUR Index via direct replication or sampling, investing primarily in the securities comprising the Benchmark Index.",
    "primary_asset_class": "Equity",
    "geographic_focus": "Eurozone banks",
    "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 the Euro STOXX Banks Net Return EUR Index. It uses physical replication or representative sampling of the underlying securities. There is no mention of synthetic replication, swap agreements, or derivative instruments used as part of the investment strategy. The factsheet confirms physical replication and states that any counterparty risk arises only from securities lending programs, which is common and limited in scope. There is no leverage, inverse or amplified exposure. The risk indicator is 6 out of 7, reflecting the equity sector and concentration in banks, but this is due to market risk rather than structural complexity. Costs are straightforward with a single ongoing charge of 0.30%, no performance fees, and no complex fee structures. The PRIIPs KID does not include any comprehension warnings or complexity flags. The underlying assets are liquid, listed equities of eurozone banks, with no complex structured products or contingent bonds. Capital protection or structured features are absent. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance with minimal derivative use limited to securities lending, which is not considered inherent to the strategy. Therefore, under MiFID II, this ETF is classified as non-complex."
}