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        "asset_scope": "UK_COMPLEX_ASSET",
        "policy_mode": "balanced",
        "policy_mode_description": "UCITS ETFs usually start from a non-complex baseline, but product-level complexity such as synthetic replication, swaps, leverage, inverse exposure, complex debt, commodity roll exposure, or comprehension warnings can override that baseline.",
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        "captured_at_utc": "2026-06-19T16:02:24+00:00",
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    "confidence": 0.86,
    "review_required": false,
    "decision_rule_applied": "balanced_etf_synthetic_complex_rule",
    "product_policy_branch": "ETF",
    "fund_name": "Amundi MSCI New Energy UCITS ETF Dist",
    "isin": "FR0010524777",
    "type": "ETF",
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    "asset_class": "Equity",
    "replication_method": "physical",
    "signals": {
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        "inverse": false,
        "derivatives_mentioned": false,
        "derivatives_core_strategy": false,
        "derivatives_epm_only": false,
        "swaps": false,
        "funded_swap": false,
        "unfunded_swap": false,
        "synthetic_replication": true,
        "counterparty_risk": false,
        "structured_payoff": false,
        "capital_protection": false,
        "commodity_futures_roll": false,
        "contango_backwardation": false,
        "coco_or_at1_exposure": false,
        "clo_exposure": false,
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        "securities_lending": false,
        "illiquid_or_hard_to_value_underlying": true,
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        "crypto_digital_asset": false
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        "No inverse exposure identified"
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            "Counterparty exposure may be relevant to returns or risk",
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            "Physical replication or direct portfolio holdings"
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        "appropriateness_note": "This is a product-level indicator of features that may affect general investor understanding. It does not determine whether the product is appropriate for a specific client and does not replace a client-specific appropriateness assessment."
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            "quote": "Amundi MSCI New Energy UCITS ETF Dist"
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            "signal": "isin",
            "quote": "FR0010524777"
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            "quote": "The Fund is an ETF"
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            "signal": "ucits",
            "quote": "This Fund is a passively managed index-tracking UCITS"
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        {
            "source": "KIID",
            "signal": "asset_class",
            "quote": "The Fund's risk level reflects its international equities investment theme"
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        {
            "source": "KIID",
            "signal": "replication_method",
            "quote": "The Fund aims to achieve its objective through direct replication, i.e. by investing primarily in the components of the Benchmark Index"
        },
        {
            "source": "KIID",
            "signal": "replication_method",
            "quote": "In order to optimise the replication of the Benchmark Index, the Fund may use a sampling technique"
        },
        {
            "source": "KIID",
            "signal": "derivatives_mentioned",
            "quote": "No mention of derivatives in the KIID or PRIIPS KID"
        },
        {
            "source": "PRIIPS_KID",
            "signal": "priips_comprehension_alert",
            "quote": "No PRIIPs comprehension alert found in the document"
        }
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    "missing_data": [],
    "warnings": [
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            "http_code": 200,
            "bytes": 18345,
            "error": null
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        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=FR0010524777&size=3",
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