{
    "fund_name": "AMUNDI GLOBAL BIOENERGY ESG SCREENED UCITS ETF USD 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 uses physical replication to track the Bloomberg BioEnergy ESG Index, with direct investments in transferable securities representing the index constituents. While the prospectus mentions the possibility of using derivatives for managing inflows/outflows or better exposure to index constituents, this appears to be for efficient portfolio management rather than as an inherent part of the strategy. There is no indication of leverage, inverse exposure, or synthetic replication. The underlying index tracks companies in the bioenergy sector with ESG screening, which is straightforward. The risk profile is clearly presented, and the ETF is UCITS-compliant, indicating regulatory suitability for retail investors. The fact sheet confirms physical replication and minimal tracking error, further supporting the non-complex classification.",
    "confidence": 90
}