{
    "fund_name": "AMUNDI PRIME EURO GOVIES - 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 is classified as non-complex under MiFID II for the following reasons:1. Physical replication method: The fund uses direct replication of the Solactive Eurozone Government Bond Index through physical investments in transferable securities and eligible assets.2. No leverage or inverse exposure: The fund does not employ any leverage or inverse strategies.3. Minimal derivative usage: While the fund may use derivatives for managing inflows/outflows and better exposure to index constituents, this usage appears to be limited and not a core part of the investment strategy.4. Straightforward investment objective: The fund aims to track a government bond index with a clear, transparent strategy.5. UCITS compliance: The fund is UCITS-compliant, which inherently involves certain regulatory safeguards and transparency requirements.6. Risk profile: The risk profile is primarily tied to credit and liquidity risks associated with Eurozone government bonds, which are generally understood by retail investors.The absence of complex features like synthetic replication, leverage, or inverse strategies, combined with the fund's transparent physical replication approach and UCITS compliance, supports the non-complex classification.",
    "confidence": 95
}