{
    "ucits": true,
    "type": "ETF",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": "None",
    "classification": "non-complex",
    "supporting_data": "The Amundi MSCI Japan UCITS ETF Acc is a UCITS-compliant, physically replicated ETF tracking a transparent, well-documented equity index (MSCI Japan Net Total Return Index). It uses direct replication, primarily investing in the underlying securities of the index, and may employ sampling for optimization, but does not rely on synthetic replication or derivatives as a core part of its strategy. The ETFu2019s structure, risks (market volatility, tracking error, liquidity), and investment objective are straightforward and easily understood by retail investors with basic knowledge. There is no significant use of leverage, embedded derivatives, or other complex features. The ETFu2019s ongoing charges are low, and comprehensive information about its holdings and performance is publicly available. Under MiFID II, all UCITS are automatically non-complex unless they employ complex portfolio management techniques or structured features that make the product difficult to understandu2014neither of which applies here[1]. Physical replication and transparency of the underlying index support a non-complex classification, and there is no indication of contingent convertible bonds, swaps, or complex indices in the fundu2019s strategy or holdings."
}