{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi MSCI China ESG Leaders Extra UCITS ETF Dist",
    "investment_objective": "Track the MSCI China Select ESG Rating and Trend Leaders Net Total Return 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 Select ESG Rating and Trend Leaders Net Total Return Index. The KIID and PRIIPs KID explicitly state the fund uses direct replication and sampling strategies without mention of synthetic replication or swap agreements. The factsheet confirms physical replication and no use of funded or unfunded swaps. There is no leverage, inverse exposure, or capital protection features. The risk profile is medium-high (5/7) reflecting market risk in Chinese equities, but no complexity flags such as derivative counterparty risk or structured product exposure are present. Costs are straightforward with a single ongoing charge of 0.65% and no performance fees. The underlying index is an ESG best-in-class equity index, which while specialized, does not involve complex structured products or contingent bonds. Counterparty risk mentioned relates only to securities lending programs, which is common in physical ETFs and not indicative of synthetic replication. No references to leverage, swaps, or complex derivatives were found in any document. The PRIIPs KID does not include any comprehension warnings or complexity disclaimers. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}