Non ATF+4 in a A500 trans..?

Technically, yes it does matter as the manufacturer states that ATF+4 is not backwards compatible. So, you can start off with Dex III and switch to ATF+4, but not the other way around.

As mentioned, ATF+4 is a semi-synthetic fluid with anti shudder additives for lockup torque converters. It is a good fluid to use, even in non-lockup applications. We use it in bracket cars with great results.

I don't use or recommend type F fluid.
Id always heard that it IS backwards compatible, that you could use. ATF+4 in something with mostly dexron but not the other way around.
What's this "universal" fluid that claims to replace about every other fluid besides ATF+3/+4?
I mean it'll replace dexron Vi, mercon, and more...
I think it has more to do with Mopar anal trademark stance than anything else. Id bet it would be fine in a Mopar trans in place of+4