{
    "fund_name": "AMUNDI EUR HIGH YIELD CORPORATE BOND ESG UCITS ETF Dist",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [
        "High-yield corporate bonds",
        "ESG screening criteria",
        "Potential for credit risk exposure"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the Bloomberg MSCI ESG Euro Corporate High Yield Select Index. It does not employ leverage, inverse strategies, or synthetic replication methods. The use of derivatives is limited to managing inflows/outflows and securities lending, which are standard practices in ETFs and do not introduce significant complexity. The underlying index consists of high-yield corporate bonds, which inherently carry credit risk, but this does not elevate the ETF to a 'complex' classification under MiFID II. The ETF is UCITS-compliant, indicating it meets regulatory standards for retail investor suitability. The risk profile is clearly articulated as moderate (risk level 4 out of 7), and the ETF provides liquidity through stock exchange trading. The absence of capital protection mechanisms, structured features, or contingent convertible bonds further supports the non-complex classification.",
    "confidence": 90
}