{
    "fund_name": "AMUNDI INDEX FTSE EPRA NAREIT GLOBAL 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 FTSE EPRA/NAREIT Developed Index, which consists of listed real estate companies and REITs worldwide. The KIID and factsheet confirm direct investment in transferable securities representing the index constituents, with no mention of synthetic replication, swaps, or leverage. The risk profile is straightforward, with no capital protection features or complex structured products. The use of derivatives is limited to managing inflows/outflows and achieving better exposure to index constituents, which does not trigger complexity under MiFID II. The ETF is UCITS-compliant, further supporting its non-complex classification.",
    "confidence": 95
}