{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI PRIME EUROZONE - UCITS ETF DR",
    "investment_objective": "Track the performance of Solactive GBS Developed Markets Eurozone Large & Mid Cap Index with minimal tracking error",
    "primary_asset_class": "Equity",
    "geographic_focus": "Eurozone (10 developed Eurozone countries)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS fund physically replicating the Solactive GBS Developed Markets Eurozone Large & Mid Cap Index by direct investment in underlying securities. The KIID and PRIIPs KID confirm 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, or funded/unfunded swaps. Leverage or inverse exposure is not present. The risk level is moderate (4/7), reflecting typical equity market risk without additional complexity. The fund invests in liquid, large and mid-cap Eurozone equities, with no complex underlying assets such as contingent convertible bonds or structured products. Costs are straightforward with a low ongoing charge (0.05%) and no performance fees. Securities lending is used to generate additional income but does not add complexity under MiFID II. The factsheet confirms physical replication, no leverage, and no synthetic structures. No complexity flags such as capital protection, barrier options, or complex derivatives are identified. The PRIIPs KID does not include any comprehension warnings or suitability restrictions beyond basic investor knowledge. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance and is suitable for retail investors with basic investment knowledge.",
    "risk_level_assessment": "The fund's stated risk profile is medium (4 out of 7), consistent with a straightforward equity index tracking ETF. The risk disclosures focus on market risk, liquidity risk, and operational risk, with no significant derivative or counterparty risk beyond normal market conditions. This aligns with the non-complex classification."
}