{
    "fund_name": "Amundi MSCI Millennials ESG Screened UCITS ETF Acc",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [
        "Complex index methodology (ESG screening, millennial focus)",
        "Potential for sampling replication (though not explicitly stated as synthetic)",
        "International equity exposure with multiple geographies"
    ],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication (as confirmed in the factsheet) and tracks a broad equity index with ESG screening. While the index methodology is complex (ESG screening, millennial focus), the fund itself does not use derivatives, leverage, or synthetic replication. The risk profile is straightforward (equity risk), and the fund is UCITS-compliant, which typically indicates suitability for retail investors. The only potential complexity comes from the index methodology, but this does not trigger a 'complex' classification under MiFID II, as the fund's structure remains transparent and easily understandable.",
    "confidence": 90
}