{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI INDEX MSCI EMU SRI PAB - UCITS ETF DR",
    "investment_objective": "Track the MSCI EMU SRI Filtered PAB Index, a large and mid-cap equity index focused on companies with high ESG ratings and aligned with EU Paris-aligned benchmark regulation.",
    "primary_asset_class": "equity",
    "geographic_focus": "European Economic and Monetary Union (EMU) developed market countries",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses direct physical replication of the MSCI EMU SRI Filtered PAB Index by investing directly in transferable securities representing the index constituents in proportions very close to the index. The KIID and PRIIPs KID explicitly state that derivatives may be used only for managing inflows/outflows or to gain better exposure to index constituents, not as an inherent part of the investment strategy, so derivative use is incidental and limited. There is no mention of synthetic replication, swap agreements, or counterparty risk related to derivatives. The fund is UCITS compliant, with a low ongoing charge (0.18%) and no performance fees. The risk profile is medium (4 out of 7), reflecting market risk of equity investments, with no leverage or inverse exposure. The underlying assets are large and mid-cap equities, liquid and transparent, with no complex structured products or contingent bonds. The fund does engage in securities lending to generate additional income, but this is a common practice and does not imply complexity under MiFID II. The factsheet confirms physical replication and no use of synthetic structures or leverage. The index tracked is a standard MSCI ESG-filtered equity index, with no complex derivatives embedded. No capital protection or structured features are present. The risk disclosures do not indicate significant counterparty risk or derivative-related complexity. No PRIIPs comprehension warnings or complexity flags are present. Therefore, the ETF does not meet any MiFID II complexity criteria related to synthetic replication, leverage, complex underlying assets, or structured features."
}