{
    "type": "ETF",
    "ucits": true,
    "fund_name": "AMUNDI INDEX MSCI PACIFIC EX JAPAN SRI PAB - UCITS ETF DR - GBP",
    "investment_objective": "Track the MSCI Pacific ex Japan SRI Filtered PAB Index with ESG and Paris-aligned climate characteristics",
    "primary_asset_class": "Equity",
    "geographic_focus": "Asia Pacific (Pacific ex Japan region)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS fund physically replicating the MSCI Pacific ex Japan SRI Filtered PAB Index by direct investment in underlying securities. The KIID and PRIIPs KID confirm the use of direct replication with only limited derivative use for operational purposes such as managing inflows/outflows or minor index exposure adjustments, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, or funded/unfunded swap structures. No leverage, inverse or amplified return features are present. The underlying assets are large and mid-cap equities with ESG and climate transition filters, which are liquid and transparent. The risk profile is medium (4/7), reflecting market risk typical of equity ETFs, with no capital protection or structured features. Costs are straightforward with a low ongoing charge (0.15%) and no performance fees. Securities lending is used to generate additional income but does not add complexity under MiFID II. The factsheet confirms physical replication and no use of swaps or complex derivatives. No complexity flags such as contingent bonds, capital protection, or significant counterparty risk are identified. The product is suitable for retail investors with basic investment knowledge and no specific complexity warnings are present in the PRIIPs KID. Overall, the ETF exhibits a clear, linear relationship to the underlying index performance and minimal derivative exposure used only for efficient portfolio management, thus classifying it as non-complex under MiFID II."
}