{
    "fund_name": "AMUNDI GLOBAL HYDROGEN ESG SCREENED UCITS ETF",
    "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 Bloomberg Hydrogen ESG Index, with no mention of synthetic replication, swaps, or derivatives. The investment strategy is straightforward, focusing on companies in the hydrogen sector with ESG criteria. The risk profile is categorized as 'lower risk' with no indications of complex structures, leverage, or inverse exposure. The fund's prospectus and KIID confirm the use of direct replication, and the fact sheet reinforces this with no references to derivative instruments beyond standard portfolio management. The absence of complexity indicators such as capital protection, structured products, or contingent bonds further supports the non-complex classification.",
    "confidence": 95
}