{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Amundi Global Aggregate Green Bond 1-10Y UCITS ETF GBP Hedged Dist is a UCITS-compliant ETF that physically replicates the Bloomberg MSCI Global Green Bond 1-10 Year Index primarily through direct investment in the underlying green bonds. The KIID and PRIIPs KID confirm the fund uses physical or sampling replication strategies and does not employ synthetic replication or swap agreements. The fund uses a currency hedging strategy to reduce GBP/EUR currency risk, but this is a risk management tool rather than an inherent derivative strategy, so derivatives usage is considered non-complex. There is no leverage, inverse or amplified exposure mentioned. The underlying assets are investment grade green bonds, which are liquid and transparent fixed income securities without contingent convertible bonds or complex structured products. The risk profile is low (SRRI 2/7), consistent with a straightforward bond ETF. Counterparty risk is limited to securities lending and currency hedging counterparties, with exposure capped under UCITS rules. Costs are simple with a low ongoing charge (0.15%) and no performance fees or swap fees. No capital protection or structured features are present. The factsheet confirms physical replication and no use of funded or unfunded swaps. There are no complexity flags such as contingent bonds, leverage, synthetic replication, or capital guarantees. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}