{
    "fund_name": "Amundi MSCI Water ESG Screened UCITS ETF Dist",
    "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 ACWI IMI Water ESG Filtered Net Total Return Index. There are no references to synthetic replication, swaps, leverage, or inverse strategies in the KIID or fact sheet. The fund invests directly in the underlying securities of the benchmark index, and there are no indications of complex structured products or capital protection mechanisms. The risk profile is straightforward (SRRI level 4), and the fund is UCITS-compliant, which typically implies a non-complex classification under MiFID II. The fact sheet confirms the replication method is physical, and there are no mentions of derivative usage beyond standard efficient portfolio management (EPM). The underlying index is a standard equity index with no inherent complexity.",
    "confidence": 95
}