{
    "fund_name": "Amundi MSCI China ESG Leaders Extra UCITS ETF Acc",
    "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 to track the MSCI China Select ESG Rating and Trend Leaders Net Total Return Index. It does not employ leverage, inverse strategies, or synthetic replication. The KIID and factsheet indicate direct investment in underlying securities with minimal use of derivatives, primarily for efficient portfolio management. The risk profile is transparent, with a clear focus on Chinese equities and ESG criteria. The SRRI risk level is moderate, and there are no indications of complex structures or capital protection mechanisms. The ETF is UCITS-compliant, further supporting its non-complex classification.",
    "confidence": 95,
    "counterparty_risk": "The factsheet mentions counterparty risk from securities lending, but this is a standard practice in physical ETFs and does not inherently make the product complex under MiFID II.",
    "benchmark_complexity": "The benchmark is a standard ESG-focused equity index without complex or illiquid components, reducing potential complexity concerns."
}