{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI PRIME GLOBAL GOVERNMENT BOND UCITS ETF",
    "investment_objective": "Track the performance of Solactive Global Developed Government Bond Index with minimized tracking error",
    "primary_asset_class": "Bond",
    "geographic_focus": "Global Developed Markets (OECD member countries)",
    "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 Global Developed Government Bond Index using a sampled physical replication method. The KIID and PRIIPs KID confirm that derivatives may only be used for efficient portfolio management (e.g., 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. The risk profile is moderate-low (SRRI 3/7), consistent with direct investment in liquid, investment-grade sovereign bonds. The factsheet confirms physical replication and no leverage or inverse exposure. Costs are straightforward with a low ongoing charge (0.05%) and no performance fees. No capital protection or structured features are present. The underlying assets are standard government bonds with good liquidity and credit quality (average rating A+). No complex structured products or contingent bonds are held. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance with minimal derivative use for risk management only, and no leverage or synthetic structures. Therefore, it does not meet MiFID II criteria for a complex financial instrument."
}