{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Amundi Global Corporate Bond 1-5Y Highest Rated ESG UCITS ETF GBP Hedged Dist is a UCITS-compliant ETF that tracks the Bloomberg MSCI ESG Global Corporate A+ 1-5 Year Select Index, a bond index of investment-grade corporate debt with maturities between 1 and 5 years. The ETF uses a sampled physical replication method, investing directly in transferable securities representing the index constituents in proportions close to the index. The KIID explicitly states 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, indicating derivatives use is ancillary and not structural. There is no mention of synthetic replication, swap agreements, total return swaps, or counterparty risk related to derivatives. Leverage or inverse exposure is not present, and the risk level is moderate (category 4), reflecting typical bond market risks such as credit, liquidity, and currency risk. No capital protection or structured features are described. Costs are straightforward with no performance fees or swap fees. The ETF engages in securities lending to generate additional income, but this is a common practice and does not imply complexity. No PRIIPs KID or factsheet information was provided to contradict these findings. Therefore, the ETF does not meet the MiFID II criteria for a complex financial instrument."
}