{
    "fund_name": "Amundi MSCI Europe SRI Climate Paris Aligned - UCITS ETF DR",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the MSCI Europe SRI Filtered PAB Index, which consists of large and mid-cap European equities with strong ESG ratings. The KIID explicitly states that the exposure to the index is achieved through direct replication by investing in the underlying securities. While the ETF may use derivatives for managing inflows/outflows or improving index exposure, this is limited to efficient portfolio management (EPM) and does not introduce significant additional risk or complexity. The risk profile is straightforward, with a risk level of 4 out of 7, and the primary risks are typical of equity investments (market, liquidity, and operational risks). There are no indications of leverage, inverse strategies, or complex underlying assets. The ETF is UCITS-compliant, which generally implies a higher level of investor protection and transparency. The factsheet confirms physical replication and does not mention any complex structures or significant derivative usage beyond standard EPM practices.",
    "confidence": 95
}