{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivatives": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": [
            "ESG screened index",
            "Complex underlying themes (Robotics & AI)"
        ],
        "classification": "non-complex",
        "supporting_data": "The AMUNDI MSCI ROBOTICS & AI ESG SCREENED UCITS ETF Acc is classified as non-complex. The ETF is a UCITS, which provides a baseline presumption of being non-complex. It uses direct replication, which is a physical replication method and generally considered non-complex. The investment objective is to track the MSCI ACWI IMI Robotics & AI ESG Filtered Net Total Return Index, which, while focusing on specific themes (Robotics & AI) and incorporating ESG screening, is still a recognized index. The ETF's KIID states that derivatives may be used for efficient portfolio management (dealing with inflows/outflows, better exposition to index constituents), not as an integral part of the investment strategy for replication. Securities lending is also mentioned as a method to generate additional income, which is a common practice for ETFs and does not automatically render them complex if managed within UCITS rules with collateral. There is no mention of leverage, embedded derivatives, or other complex structures that would typically lead to a complex classification under MiFID II. The underlying index, while specific in its theme, is a standard benchmark provided by MSCI, and its methodology is publicly available. The risk profile is described as 'Typically higher reward' and 'Typically lower risk' in relation to market risk, not inherent product complexity. Therefore, based on the provided information and MiFID II guidelines, the ETF is considered non-complex."
    }
}