{
    "complex": false,
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": true,
    "type": "ETF",
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Amundi MSCI EMU Value Factor UCITS ETF Dist is a physically replicated ETF that tracks the MSCI EMU Value Index. It uses direct replication or sampling replication to achieve its investment objective, with no evidence of synthetic replication, leverage, or inverse strategies. The KIID and factsheet indicate that the fund primarily invests in the underlying securities of the index, with no mention of derivatives, swaps, or complex financial instruments. The risk profile is moderate (SRRI level 4), and the fund is UCITS-compliant, which generally implies a higher standard of investor protection and transparency. The absence of counterparty risk warnings, leverage, or complex structures supports the classification as non-complex.",
    "confidence": 95
}