{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi Global Aggregate Green Bond 1-10Y UCITS ETF USD Hedged Acc",
    "investment_objective": "Track the Bloomberg MSCI Global Green Bond 1-10 Year Index (EUR denominated) with minimized tracking error, investing primarily in green bonds issued by investment grade entities.",
    "primary_asset_class": "Bond",
    "geographic_focus": "Global, multiple currencies",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication with direct investment in the underlying green bonds comprising the Bloomberg MSCI Global Green Bond 1-10 Year Index. The fund may use sampling replication and securities lending, but no synthetic replication or swap agreements are mentioned. The fund employs a currency hedging strategy to reduce currency risk, but this is a risk management derivative use, not inherent to the investment strategy, so derivatives are marked false. There is no leverage, inverse or amplified exposure. The underlying assets are investment grade green bonds, which are liquid and transparent fixed income securities without contingent capital or structured features. The risk profile is low to moderate (SRRI 2/7), consistent with a bond ETF. Counterparty risk is limited to securities lending and currency hedging counterparties, with exposure capped under UCITS rules. Costs are straightforward with a low ongoing charge (0.15%) and no performance fees. No capital protection or structured features are present. The PRIIPs KID confirms a low risk rating and no complexity warnings or comprehension alerts. The factsheet confirms physical replication, no swap usage, and a straightforward bond portfolio with 329 holdings, average rating A-, and no complex underlying assets. Overall, the ETF exhibits none of the MiFID II complexity triggers such as synthetic replication, leverage, complex derivatives, or structured capital protection. Therefore, it is classified as non-complex."
}