{
    "name": "Amundi MSCI Digital Economy 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 (direct or sampling) to track the MSCI ACWI IMI Digital Economy & Metaverse ESG Filtered Index. There is no mention of synthetic replication, swaps, or derivative instruments for anything other than potential efficient portfolio management. The risk profile is moderate (SRRI 4), and the underlying assets are liquid equities. The ETF is UCITS-compliant, which generally indicates a non-complex structure suitable for retail investors. The factsheet and KIID do not highlight any complex features such as leverage, inverse exposure, or capital protection mechanisms.",
    "confidence": 95,
    "risk_level": 4,
    "benchmark_complexity": "The benchmark is a standard equity index focusing on digital economy and metaverse companies with ESG filters, which does not introduce additional complexity.",
    "counterparty_risk": "None identified, as the ETF uses physical replication.",
    "liquidity": "High, as the ETF is listed on multiple exchanges and tracks liquid equities.",
    "cost_structure": "Simple, with a single ongoing charge of 0.45% and no performance fees."
}