{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "replication_method": "physical",
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "leverage": false,
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The Amundi USD Corporate Bond ESG - UCITS ETF DR is classified as non-complex. It tracks the Bloomberg MSCI ESG US Corporate Select Index, which is a bond index. The ETF uses Direct Replication, primarily by investing in transferable securities and/or other eligible assets that represent the index constituents. The use of derivatives is limited to managing inflows and outflows or for better exposition to index constituents, which falls under efficient portfolio management and is not integral to the investment strategy. Securities lending is mentioned as a way to generate additional income but within UCITS rules. The ETF is a UCITS, and UCITS are generally presumed non-complex. The risks mentioned (credit risk, liquidity risk, counterparty risk, operational risk) are standard for bond ETFs and do not stem from complex or opaque structures that would be difficult for a retail investor to understand. The index itself is a bond index with ESG criteria, which is generally understandable. The absence of leverage, embedded derivatives (beyond EPM use), or complex structures confirms its non-complex classification."
    }
}