{
    "type": "ETF",
    "ucits": true,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The AMUNDI MSCI EUROPE GROWTH UCITS ETF Dist is a physically replicated ETF that tracks the MSCI Europe Growth Index. The KIID and factsheet indicate that the fund uses direct replication, primarily 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 exposure to index constituents, this usage is limited and does not introduce significant additional risk or complexity. The fund does not employ leverage, inverse strategies, or synthetic replication. The risk profile is straightforward, with a clear focus on European growth equities. The SRRI risk level is not explicitly stated but is implied to be moderate, given the equity focus. The fund is UCITS-compliant, which generally aligns with non-complex classifications under MiFID II. The absence of complex features such as leverage, inverse exposure, or significant derivative usage supports the non-complex classification.",
    "confidence": 95
}