{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi Euro Government Green Bond UCITS ETF Acc",
    "investment_objective": "To track the Solactive Euro Government Green Bond Index, providing exposure to investment grade European government green bonds while minimizing tracking error.",
    "primary_asset_class": "Bond",
    "geographic_focus": "European countries (Eurozone primarily)",
    "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 physically replicating the Solactive Euro Government Green Bond Index by direct purchase of underlying securities or sampling. The KIID and PRIIPs KID confirm no use of synthetic replication or swap agreements as part of the investment strategy. The factsheet explicitly states 'Replication type: Physical' and mentions only limited use of futures for portfolio management, which is considered risk management rather than inherent derivative exposure. There is no leverage, inverse or amplified exposure. The underlying assets are investment grade sovereign green bonds, which are liquid and transparent. The risk profile is moderate-low (SRRI 3/7), consistent with a straightforward bond ETF. No capital protection or structured features are present. Costs are simple with a 0.20% ongoing charge and no performance fees or swap fees. Counterparty risk is minimal and related only to securities lending programs, not to synthetic replication. The index tracked is straightforward, composed of EUR-denominated sovereign green bonds meeting clear eligibility criteria. No complex structured products or contingent convertible bonds are held. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the ETF exhibits none of the MiFID II complexity triggers such as synthetic replication, leverage, complex underlying assets, or capital protection mechanisms, leading to a non-complex classification."
}