{
    "ucits": true,
    "type": "ETF",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The AMUNDI MSCI WORLD ESG CLIMATE NET ZERO AMBITION CTB UCITS ETF is a UCITS-compliant ETF that uses physical replication to track a transparent equity index (MSCI World ESG Broad CTB Select Index). It invests directly in transferable securities representing the index constituents in proportions close to the index. Derivatives are used only for efficient portfolio management (EPM) purposes such as managing inflows and outflows, with limited impact on the risk-return profile. Securities lending is employed as a secondary feature to generate additional income but is well-managed within UCITS rules. There is no significant leverage or embedded derivatives. The ETF's structure and risks (market volatility, tracking error) are straightforward and understandable by retail investors with basic knowledge. The index tracked is transparent and publicly documented. According to MiFID II Article 25(4)(a)(iv) and Article 57 of the Commission Delegated Regulation, UCITS ETFs using physical replication and limited derivative use for EPM are presumed non-complex. The ETF does not embed derivatives integral to its investment objective (e.g., synthetic replication or structured products), nor does it have complex features such as leverage beyond UCITS limits or opaque indices. Therefore, it meets the criteria for non-complex classification under MiFID II. This aligns with ESMA and CESR guidance that physical replication UCITS ETFs with limited derivative use for EPM and transparent indices are non-complex. No comprehension alert is required in the PRIIPs KID for this ETF."
}