{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Amundi US Treasury Bond Long Dated UCITS ETF Dist is a physically replicated ETF that tracks the Bloomberg Barclays US Long Treasury Index. The KIID and factsheet indicate that the fund uses direct replication or sampling replication to achieve its investment objective, with no mention of synthetic replication, swaps, or derivative instruments for purposes other than efficient portfolio management. The fund's risk profile is straightforward, focusing on credit and market risks associated with long-dated US Treasury bonds. The SRRI risk level is moderate, and there are no indications of leverage, inverse strategies, or complex underlying assets. The fund is UCITS-compliant, which imposes strict limits on derivative usage and counterparty risk. While the factsheet mentions counterparty risk related to securities lending, this is a common practice in physically replicated ETFs and does not inherently make the fund complex under MiFID II. The fund's transparency, liquidity, and straightforward investment strategy align with non-complex classification criteria.",
    "confidence": 95
}