{
    "ucits": true,
    "type": "ETF",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The AMUNDI Japan TOPIX II UCITS ETF JPY Dist is a UCITS-compliant ETF that aims to replicate the JPY-denominated TOPIX Gross Total Return Index through direct physical replication, primarily investing in the index components. The ETF uses physical replication with possible sampling and guaranteed temporary sales of securities, but there is no indication of synthetic replication or use of derivatives integral to the investment objective. The KID and prospectus do not mention embedded derivatives, leverage beyond UCITS limits, or complex structured products such as CLOs. Securities lending is not highlighted as a significant risk factor. The ETF's structure and risks (market volatility, tracking error) are straightforward and transparent, suitable for retail investors with basic knowledge. According to MiFID II Article 254, Delegated Regulation EU 2017/565 Article 57, and ESMA guidelines, such a UCITS ETF with physical replication and limited or no derivative use for efficient portfolio management is classified as non-complex. The ETF does not embed derivatives or structured products that would trigger complexity, nor does it have features like significant leverage or opaque indices. Therefore, it meets the criteria for non-complex classification under MiFID II, exempting it from appropriateness assessments for non-advised sales."
}