{
    "fund_name": "AMUNDI INDEX MSCI EMERGING MARKETS UCITS ETF DR",
    "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 MSCI Emerging Markets Index, with direct investments in transferable securities representing the index constituents. While it 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 element of the strategy. There is no mention of leverage, inverse exposure, or complex structured products. The risk profile is primarily market risk from emerging markets equities, which is transparent and easily understandable. The fact that it is UCITS-compliant and uses physical replication further supports the non-complex classification.",
    "confidence": 95
}