{
    "ucits": true,
    "type": "ETF",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The Amundi Global Aggregate Green Bond UCITS ETF EUR Hedged Acc is a UCITS-compliant ETF that tracks the Solactive Green Bond EUR USD IG Benchmark Index via physical replication, primarily investing in the underlying green bonds. It uses derivatives only for currency hedging (daily hedging strategy) and possibly for efficient portfolio management, not as an inherent part of the investment objective or synthetic replication. The ETF may engage in securities lending, but this is a secondary feature managed within UCITS rules with collateral requirements. There is no indication of embedded derivatives, leverage beyond UCITS limits, or complex structured products such as CLOs. The index tracked is transparent and representative of investment grade green bonds, supporting ease of understanding. The risk profile reflects market and credit risk typical of bond investments, without structural complexity. According to MiFID II Article 25(4)(a)(iv) and Article 57 criteria, UCITS ETFs that physically replicate transparent indices and use derivatives only for hedging or EPM with minimal risk impact 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 features that would make it complex under MiFID II. Therefore, it is classified as non-complex."
}