{
    "ucits": true,
    "type": "ETF",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The asset is a UCITS ETF (AMUNDI PRIME US CORPORATES - UCITS ETF DR (D)) that tracks the Solactive USD Investment Grade Corporate Index through a physical replication method, mainly by direct investments 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, no embedded derivatives, and the index tracked is transparent and straightforward (investment grade corporate bonds). The risk profile reflects market risk typical of corporate bonds, not structural complexity. According to MiFID II Article 254 and Delegated Regulation EU 2017/565 Article 57, and ESMA guidelines, such a UCITS ETF with physical replication, limited derivative use for EPM, no embedded derivatives, no significant leverage, and transparent underlying index is classified as non-complex. This is consistent with ESMA and industry guidance that all UCITS are presumed non-complex unless they embed complex features, which this ETF does not. Therefore, no appropriateness assessment or comprehension alert is required under MiFID II for this ETF."
}