{
    "ucits": true,
    "type": "ETF",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": "None",
    "classification": "non-complex",
    "supporting_data": "The AMUNDI S&P 500 ESG UCITS ETF - Acc is a UCITS-compliant, passively managed ETF tracking the S&P 500 ESG + Index (USD) NTR via direct physical replication, primarily holding the underlying index constituents. Derivatives are used only for efficient portfolio management (EPM) to manage inflows/outflows and are not central to the investment strategy. Securities lending is permitted but is a secondary feature, well-managed within UCITS rules, and does not dominate the risk profile. The ETF does not use significant leverage, synthetic replication, or embedded derivatives. The index is transparent, broad-based, and market-cap-weighted, with publicly available methodology. The structure, risks (mainly market, liquidity, counterparty, operational, and currency risk), and investment objective are straightforward and can be understood by retail investors with basic knowledge. No features introduce opacity, complex payoffs, or contingent liabilities. Therefore, the ETF meets all criteria for non-complex classification under MiFID II Article 57 and the UCITS presumption, with no factors triggering a complex assessment."
}