{
    "success": true,
    "data": {
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The Amundi MSCI EMU UCITS ETF Acc is an index-tracking UCITS passively managed. Its investment objective is to track the MSCI EMU Net Return index through direct replication, investing primarily in securities comprising the index. It may also use a sampling replication strategy. The KID states that the Sub-Fund's shares are listed and traded on stock exchanges, and the risk category primarily reflects market risk from Eurozone equities. There is no mention of derivatives used for replication or other complex strategies. The index itself is a broad market index (MSCI EMU Net Return), which is considered transparent. The ETF follows the UCITS framework, which inherently has investor protection measures. Based on the provided information, the ETF's structure, investment policy, and replication method align with the criteria for a non-complex financial instrument under MiFID II. Specifically, it uses physical replication and does not appear to embed derivatives or employ complex strategies that would make it difficult for a retail investor to understand. The focus on market risk is standard for equity ETFs and does not indicate structural complexity."
    }
}