{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Amundi Index MSCI Emerging Markets UCITS ETF DR is a physically replicated ETF that tracks the MSCI Emerging Markets Index. The KIID and factsheet indicate that the fund primarily uses direct replication by investing in the underlying securities of the index. While the fund may use derivatives for efficient portfolio management (EPM) to handle inflows/outflows or improve tracking, this is explicitly stated as being for operational purposes rather than as a core part of the investment strategy. The fund does not employ leverage, inverse strategies, or synthetic replication. The risk profile is consistent with the underlying equity market exposure, and there are no indications of complex structures, capital protection mechanisms, or significant counterparty risks. The fund is UCITS-compliant, which imposes additional investor protection and transparency requirements.",
    "confidence": 95
}