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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": "2026-06-19T16:02:52+00:00",
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    "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",
    "ucits": true,
    "asset_class": "Equity",
    "replication_method": "physical",
    "signals": {
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        "inverse": false,
        "derivatives_mentioned": false,
        "derivatives_core_strategy": false,
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        "unfunded_swap": false,
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        "contango_backwardation": false,
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        "crypto_digital_asset": false
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            "Counterparty exposure may be relevant to returns or risk",
            "Less liquid or harder-to-value underlying exposure language",
            "UCITS ETF structure",
            "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": "Key Investor InformationThis document provides you with key investor information about this UCITS (the \"Fund\")."
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            "signal": "replication_method_physical",
            "quote": "The Fund aims to achieve its objective through direct replication, i.e. by investing primarily in the components of the Benchmark Index."
        },
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            "signal": "no_derivatives",
            "quote": "No mention of derivatives, swaps, futures, options, or any derivative instruments in the investment policy or risk sections."
        },
        {
            "source": "PRIIPS_KID",
            "signal": "no_priips_comprehension_alert",
            "quote": "No 'You are about to purchase a product that is not simple and may be difficult to understand' alert found."
        },
        {
            "source": "FACTSHEET",
            "signal": "replication_type_physical",
            "quote": "Replication type : Physical"
        },
        {
            "source": "MARKET_DATA",
            "signal": "type_etf",
            "quote": "category:\"ETFS\""
        }
    ],
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    "missing_data": [],
    "warnings": [
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