{
    "fund_name": "Amundi CAC 40 UCITS ETF Acc",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant, physically replicated fund that tracks the CAC 40 index. It uses direct replication of the underlying securities and does not employ leverage, inverse strategies, or synthetic replication methods. The KIID and factsheet confirm physical replication and minimal derivative usage (only for securities lending, which is standard for ETFs). The risk profile is straightforward, with no complex structures or capital protection features. The fund's objective is to replicate the CAC 40 index, and the tracking error is minimal (0.05%). The only derivative-related risk mentioned is counterparty risk from securities lending, which is standard for ETFs and does not trigger complexity under MiFID II. The fund is eligible for the French Equity Savings Plan (PEA), indicating it is designed for retail investors. The factsheet explicitly states 'Replication type: Physical,' confirming no synthetic replication or swap usage. The absence of leverage, inverse exposure, or complex underlying assets (e.g., CoCos, AT1 bonds) further supports the non-complex classification.",
    "confidence": 95
}