{
    "fund_name": "Amundi MSCI China ESG Selection - UCITS ETF DR",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [
        "Complex Index (MSCI China ESG Selection P-Series 5% Issuer Capped)",
        "Emerging Markets Exposure",
        "Potential Counterparty Risk from Securities Lending"
    ],
    "classification": "non-complex",
    "confidence": 85,
    "supporting_data": "The ETF uses physical replication to track the MSCI China ESG Selection P-Series 5% Issuer Capped Index, which is a complex index but does not inherently make the ETF complex under MiFID II. The ETF does not use leverage, inverse strategies, or synthetic replication. While it may use derivatives for managing inflows/outflows and securities lending, these uses are not extensive or sophisticated enough to trigger a 'complex' classification. The risk profile is clearly disclosed, and the ETF is UCITS-compliant, further supporting its non-complex status. The main complexity factors are the underlying index's complexity and emerging markets exposure, but these do not override the overall straightforward structure of the ETF."
}