{
    "fund_name": "Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [
        "Complex Index (MSCI EM Asia ESG Broad CTB Select Net USD Index)",
        "Emerging Markets Exposure",
        "Potential Counterparty Risk from Securities Lending"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the MSCI EM Asia ESG Broad CTB Select Net USD Index, which is a complex index but does not inherently make the ETF complex under MiFID II. The fund does not use leverage, inverse strategies, or swaps for its core investment strategy. While it may use derivatives for efficient portfolio management (e.g., dealing with inflows/outflows), this does not trigger complexity under MiFID II. The risk profile is primarily market risk from emerging markets equities, which is transparent and understandable. The ETF is UCITS-compliant, further supporting its non-complex classification. The only potential complexity factor is the index's climate transition benchmark requirements, but this does not materially alter the fund's risk profile.",
    "confidence": 90
}