{
    "fund_name": "AMUNDI PRIME ALL COUNTRY WORLD UCITS ETF DIST",
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the Solactive GBS Global Markets Large & Mid Cap USD Index, investing directly in the underlying securities. While the KIID mentions the potential use of derivatives for efficient portfolio management (EPM) and handling inflows/outflows, this is a standard practice and does not introduce complexity. The risk profile is straightforward, with no leverage, inverse exposure, or synthetic replication. The fund's SRRI (risk indicator) is moderate, and there are no warnings about complexity or suitability for retail investors. The fact sheet confirms physical replication and provides transparent information about holdings and performance.",
    "confidence": 95,
    "risk_level_assessment": "The fund's risk level is aligned with its stated objective of tracking a broad equity index, with risks primarily related to market fluctuations and counterparty exposure from securities lending. The absence of leverage, complex derivatives, or synthetic replication supports the non-complex classification."
}