{
    "success": true,
    "data": {
        "complex": false,
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "ucits": true,
        "type": "ETF",
        "complex_factors": [
            "None identified. The ETF replicates the Bloomberg Euro Corporate Bond Index using a Direct Replication method, holding underlying securities.  The structure and risks are straightforward, making it easily understandable by investors with basic financial knowledge."
        ],
        "classification": "non-complex",
        "supporting_data": "The AMUNDI EUR CORPORATE Bond UCITS ETF GBP Hedged DistA Sub-Fund utilizes a Direct Replication strategy to track the Bloomberg Euro Corporate Bond Index.  This involves direct investment in transferable securities and/or other eligible assets representing the Index constituents.  The replication method is stated as physical, not synthetic.  The structure appears straightforward;  there are no mentions of derivatives used in a way that's central to the strategy, nor leverage beyond standard UCITS limits.  The fact the ETF is a UCITS further supports a non-complex classification, given the regulatory safeguards around diversification, liquidity and transparency in place for UCITS."
    }
}