{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI GLOBAL AGGREGATE BOND - UCITS ETF DR - GBP HEDGED",
    "investment_objective": "Track the Bloomberg Global Aggregate Index with minimized tracking error",
    "primary_asset_class": "Bond",
    "geographic_focus": "Global (Developed and Emerging Markets)",
    "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 aiming to track the Bloomberg Global Aggregate Index using a direct replication method, primarily through physical holdings of transferable securities. The KIID and PRIIPs KID explicitly state the use of physical replication with sampled holdings, and derivatives are only used marginally for managing inflows/outflows or minor index exposure adjustments, not as a core strategy element. There is no mention of synthetic replication, swap agreements, or funded/unfunded swaps. Leverage or inverse exposure is absent. The risk profile is low (SRRI 2/7), consistent with a straightforward bond index tracking fund. The fund may engage in securities lending to generate additional income, but this does not increase complexity under MiFID II. The underlying assets are investment grade bonds from developed and emerging markets, with no indication of complex structured products or contingent convertible bonds. The PRIIPs KID does not include any comprehension warnings or complexity flags. Costs are simple, with a low ongoing charge (0.08%) and no performance fees. Overall, the fund exhibits a clear, linear relationship to the underlying index performance, with minimal derivative use for operational purposes only, and no leverage or synthetic structures. Therefore, it does not meet MiFID II criteria for a complex financial instrument."
}