{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI PRIME EURO GOVIES - UCITS ETF DR",
    "investment_objective": "Track the performance of Solactive Eurozone Government Bond Index with minimized tracking error",
    "primary_asset_class": "Bond",
    "geographic_focus": "Eurozone government bonds",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant bond ETF that physically replicates the Solactive Eurozone Government Bond Index using a sampled direct replication method. The KIID and PRIIPs KID explicitly state that the fund invests mainly in transferable securities representing the index constituents, with no mention of synthetic replication, swap agreements, or total return swaps. Derivatives may be used only for efficient portfolio management related to inflows/outflows or better exposure, not as an inherent part of the investment strategy, so derivatives are marked false. There is no leverage, inverse or amplified exposure language. The risk indicator is moderate-low (3/7), consistent with a straightforward bond index ETF. The factsheet confirms physical replication, no use of swaps, no leverage, and a portfolio composed of investment grade sovereign bonds with no complex structured products or contingent convertible bonds. Costs are simple with a low ongoing charge (0.05%) and no performance fees or swap fees. No capital protection or structured features are present. The risk disclosures do not indicate significant counterparty risk or complexity warnings. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance, invests directly in liquid government bonds, and uses derivatives only for risk management, not as a core strategy element. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}