{
    "fund_name": "Amundi MSCI New Energy ESG Screened UCITS ETF Dist",
    "isin": "FR0010524777",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [
        "Complex Index",
        "ESG Screening Methodology"
    ],
    "classification": "non-complex",
    "confidence": 90,
    "supporting_data": "The ETF uses physical replication to track the MSCI ACWI IMI New Energy ESG Filtered Net Total Return Index. There is no mention of synthetic replication, swaps, or leverage in the KIID or fact sheet. The index itself is complex due to its ESG screening methodology and focus on new energy sectors, but the ETF's straightforward replication approach and UCITS compliance suggest it is suitable for retail investors. The fact sheet confirms the replication method is physical, and there are no indications of derivative usage beyond what might be typical for efficient portfolio management. The risk profile is clearly communicated as international equities with a risk level of 4 out of 7, which is within the range typically considered non-complex for retail investors. The ETF's transparency, liquidity, and lack of complex structures like capital protection or contingent bonds support the non-complex classification."
}