{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI PRIME JAPAN - UCITS ETF DR",
    "investment_objective": "Track the performance of Solactive GBS Japan Large & Mid Cap Index with minimized tracking error",
    "primary_asset_class": "equity",
    "geographic_focus": "Japan",
    "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 Japan Large & Mid Cap Index by direct investment in underlying securities. The KIID and PRIIPs KID explicitly state the use of physical replication with only limited derivative use for operational purposes such as managing inflows/outflows or better exposure to index constituents, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, total return swaps, or counterparty risk beyond normal operational risk. Leverage or inverse exposure is not present. The risk indicator is moderate (4/7), reflecting typical equity market risk without complexity flags. Costs are straightforward with a low ongoing charge (0.05%) and no performance fees. The factsheet confirms physical replication, no use of swaps, and a straightforward equity index exposure focused on large and mid-cap Japanese stocks. No capital protection or structured features are present. The product is intended for retail investors with basic investment knowledge and no complexity warnings or comprehension warnings are included in the PRIIPs KID. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance with minimal derivative use for risk management only, qualifying it as non-complex under MiFID II."
}