{
    "fund_name": "AMUNDI PRIME ALL COUNTRY WORLD UCITS ETF DIST",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [
        "Physical replication with minimal derivative usage",
        "Straightforward index-tracking objective",
        "Investment in liquid, transparent securities",
        "No leverage or inverse exposure"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the Solactive GBS Global Markets Large & Mid Cap USD Index, with derivatives only used for efficient portfolio management (e.g., dealing with inflows/outflows). There is no mention of synthetic replication, swaps, leverage, or inverse exposure. The underlying index consists of large and mid-cap equities, which are liquid and transparent. The risk profile is straightforward, with no complex structures or capital protection mechanisms. The ETF is UCITS-compliant, further indicating its suitability for retail investors.",
    "confidence": 95
}