{
    "name": "AMUNDI GOVT BOND HIGHEST RATED EURO INVESTMENT GRADE UCITS ETF DR - EUR",
    "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 with sampled replication of the FTSE Eurozone Highest-Rated Government Bond Index, which consists of liquid, high-rated government bonds. While derivatives may be used for efficient portfolio management (e.g., handling inflows/outflows or improving index exposure), they are not a core part of the investment strategy. The risk profile is straightforward, with a clear focus on Eurozone government bonds, and the SRRI risk level is moderate. The KIID and factsheet do not indicate the use of leverage, inverse strategies, or complex underlying assets. The fund's risk disclosures are typical for bond ETFs, with no warnings about complexity or suitability for retail investors.",
    "confidence": 95,
    "risk_level": "moderate",
    "counterparty_risk": "low",
    "liquidity_risk": "moderate",
    "benchmark_complexity": "low",
    "additional_notes": "The ETF is UCITS-compliant and follows a transparent, rules-based index. The use of derivatives is limited to operational efficiency rather than strategic complexity. The absence of leverage, inverse exposure, or structured features further supports the non-complex classification. The factsheet confirms physical replication and does not introduce additional complexity factors."
}