{
    "fund_name": "AMUNDI EUR FLOATING RATE CORPORATE BOND ESG UCITS ETF Acc",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [
        "Complex Index Tracking",
        "Potential Counterparty Risk from Securities Lending"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index, which is a bond index of euro-denominated investment-grade floating-rate notes. While the KIID mentions the possibility of using derivatives for managing inflows/outflows and securities lending, there is no indication of synthetic replication, leverage, or inverse strategies. The risk profile is rated as low (level 2 on the SRRI scale), and the fund's objective is straightforward: to track the performance of the underlying index with minimal tracking error. The fact sheet confirms physical replication and provides transparency on holdings, further supporting the non-complex classification. The only potential complexity factors are the use of securities lending (which may introduce counterparty risk) and the complexity of the underlying index, but these do not meet the MiFID II thresholds for classifying the ETF as complex.",
    "confidence": 90
}