{
    "ucits": true,
    "type": "ETF",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The AMUNDI USD HIGH YIELD CORPORATE BOND ESG UCITS ETF is a UCITS-compliant ETF that tracks the Bloomberg MSCI ESG US Corporate High Yield Select Index through a direct physical replication method, mainly by investing directly in transferable securities representing the index constituents. The ETF uses derivatives only for efficient portfolio management (EPM) purposes such as managing inflows/outflows or better exposure to index constituents, not as an inherent part of the investment strategy. Securities lending is used as a secondary feature to generate additional income but is well-managed within UCITS rules. There is no significant leverage beyond UCITS limits. The ETF's structure and risks (market risk, credit risk, liquidity risk, counterparty risk related to limited derivative use) are straightforward and transparent to a retail investor with basic knowledge. The index tracked is transparent and based on fixed-rate high-yield corporate bonds with ESG criteria, which supports non-complexity. According to MiFID II Article 254 and Delegated Regulation EU 2017/565 Article 57, and ESMA guidelines, UCITS ETFs with physical replication, limited derivative use for EPM, no embedded derivatives, no significant leverage, and transparent indices are classified as non-complex. The ETF does not embed derivatives integral to the strategy (e.g., synthetic replication or structured products), nor does it have complex features such as contingent convertible bonds or leverage that would trigger complexity. Therefore, this ETF is classified as non-complex under MiFID II."
}