{
    "success": true,
    "data": {
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [],
        "classification": "non-complex",
        "supporting_data": "The Amundi Euro Stoxx Banks UCITS ETF Acc is a UCITS ETF that tracks the Euro STOXX Banks Index using physical replication. It invests primarily in the securities comprising the Benchmark Index. The ETF does not use derivatives in achieving its objective; the 'FDI' mention in the 'Invested financial instruments' section of the KID may refer to instruments that could be used for efficient portfolio management which would still categorize the asset as non complex. Securities lending, is mentioned as part of the investment strategy. The KID explicitly states that the ETF has a direct replication strategy and no leverage is used. The risks are tied to the Eurozone banking sector, and there is no indication of leverage or opaque features that would render it complex. Therefore, the ETF appears to meet all the criteria for being classified as non-complex. The ETF tracks a net total return index and is eligible for the French Equity Saving Scheme (PEA), which supports a non-complex classification. The index itself is transparent. The risk profile is related to the volatility of the banking sector in the Eurozone, but this does not automatically make the ETF complex."
    }
}