{
    "fund_name": "Amundi Stoxx Europe 600 ESG UCITS ETF Acc",
    "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 strategy",
        "No leverage or inverse exposure",
        "Transparent underlying assets (European equities)"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the STOXX Europe 600 ESG+ Index, with direct investments in underlying securities. While derivatives may be used for managing inflows/outflows and securities lending, these uses are ancillary and do not form the core investment strategy. The fund has no leverage, inverse exposure, or complex structured features. The underlying index consists of liquid European equities with ESG screens, and the risk profile is clearly communicated as moderate. The PRIIPs KID and factsheet confirm the physical replication method and straightforward investment approach. No complexity indicators (e.g., swaps, capital protection, or contingent bonds) are present.",
    "confidence": 95
}