{
    "ok": true,
    "_meta": {
        "isin": "FR0010754200",
        "asset_scope": "UK_COMPLEX_ASSET",
        "policy_mode": "strict",
        "policy_mode_description": "Any material derivative, swap, synthetic, complex underlying, structured payoff, roll-cost, leverage, inverse, or PRIIPs warning signal can drive complex classification.",
        "classification_engine_version": "1.0.0",
        "prompt_version": "complex_asset_extract_v1",
        "captured_at_utc": "2026-06-04T13:20:23+00:00",
        "captured_unix": 1780579223
    },
    "classification": "non-complex",
    "confidence": 0.82,
    "review_required": false,
    "decision_rule_applied": "etf_ucits_physical_no_complex_override_rule",
    "product_policy_branch": "ETF",
    "fund_name": "AMUNDI ETF GOVIES 0-6 MONTHS EURO INVESTMENT GRADE UCITS ETF DR",
    "isin": "FR0010754200",
    "type": "ETF",
    "ucits": true,
    "asset_class": "Fixed Income (Government Bonds)",
    "replication_method": "physical",
    "signals": {
        "leveraged": false,
        "inverse": false,
        "derivatives_mentioned": true,
        "derivatives_core_strategy": false,
        "derivatives_epm_only": true,
        "swaps": false,
        "funded_swap": false,
        "unfunded_swap": false,
        "synthetic_replication": false,
        "counterparty_risk": true,
        "structured_payoff": false,
        "capital_protection": false,
        "commodity_futures_roll": false,
        "contango_backwardation": false,
        "coco_or_at1_exposure": false,
        "clo_exposure": false,
        "complex_index": false,
        "priips_comprehension_alert": false,
        "securities_lending": true,
        "illiquid_or_hard_to_value_underlying": false,
        "physical_allocated_commodity": false,
        "crypto_digital_asset": false
    },
    "complex_factors": [],
    "non_complex_factors": [
        "UCITS fund",
        "Physical replication",
        "No leverage identified",
        "No inverse exposure identified",
        "Derivative use appears limited to EPM, hedging, or risk management"
    ],
    "consumer_understanding": {
        "risk_level": "moderate",
        "drivers": [
            "Counterparty risk language identified",
            "Derivative use appears limited to efficient portfolio management, hedging or risk management",
            "UCITS ETF structure",
            "Physical replication or direct portfolio holdings",
            "Fixed income credit and duration risk"
        ],
        "plain_english_explanation": "The product is identified as a UCITS ETF using physical replication or direct portfolio holdings. No leverage, inverse exposure, synthetic replication or structured payoff was identified. Derivative language appears limited to efficient portfolio management, hedging or risk-management style use rather than being the core investment exposure. Some ordinary market, credit, duration, liquidity or counterparty-risk language may still be present, but this does not by itself make the product complex.",
        "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."
    },
    "supporting_evidence": [
        {
            "source": "KIID",
            "signal": "fund_name",
            "quote": "AMUNDI ETF GOVIES 0-6 MONTHS EURO INVESTMENT GRADE UCITS ETF DR"
        },
        {
            "source": "KIID",
            "signal": "isin",
            "quote": "FR0010754200"
        },
        {
            "source": "KIID",
            "signal": "ucits",
            "quote": "This Fund is managed by Amundi Asset Management, an Amundi Group company. ... you are investing in a UCITS"
        },
        {
            "source": "KIID",
            "signal": "replication_method",
            "quote": "using the direct replication method, which consists of investing in the financial securities that make up the Index"
        },
        {
            "source": "FACTSHEET",
            "signal": "replication_method",
            "quote": "Replication type : Physical"
        },
        {
            "source": "KIID",
            "signal": "derivatives_mentioned",
            "quote": "may use guaranteed temporary purchases and sales of securities"
        },
        {
            "source": "PRIIPS_KID",
            "signal": "derivatives_mentioned",
            "quote": "The use of complex products such as derivatives can lead to increased movement of securities in your portfolio."
        },
        {
            "source": "KIID",
            "signal": "derivatives_epm_only",
            "quote": "In order to generate additional returns, the Fund may use guaranteed temporary purchases and sales of securities."
        },
        {
            "source": "KIID",
            "signal": "securities_lending",
            "quote": "may use guaranteed temporary purchases and sales of securities"
        },
        {
            "source": "KIID",
            "signal": "counterparty_risk",
            "quote": "Counterparty risk: This is the risk that a market participant will default, preventing them from honouring their commitments"
        },
        {
            "source": "KIID",
            "signal": "investment_objective_summary",
            "quote": "the objective of which is to track the performance of the Index 100% FTSE EUROZONE GOVERNMENT BILL 0-6 MONTH CAPPED"
        },
        {
            "source": "KIID",
            "signal": "asset_class",
            "quote": "Classification by the AMF: Euro-denominated bonds and other debt instruments"
        },
        {
            "source": "KIID",
            "signal": "non_complex_factors",
            "quote": "risk category 1 out of 7"
        },
        {
            "source": "FACTSHEET",
            "signal": "non_complex_factors",
            "quote": "UCITS compliant"
        }
    ],
    "supporting_data": "UCITS physical ETF baseline applied. Policy mode: strict. Product type: ETF. UCITS signal identified. Replication method: physical.",
    "missing_data": [],
    "warnings": [
        "counterparty_risk_language_identified"
    ],
    "sources": {
        "kiid": {
            "url": "https://oppl.ai/apy/doc_store/FR0010754200_KIID.txt",
            "found": true,
            "http_code": 200,
            "bytes": 8164,
            "error": null
        },
        "priips_kid": {
            "url": "https://oppl.ai/eu_kiids/en_txt/FR0010754200.txt",
            "found": true,
            "http_code": 200,
            "bytes": 13166,
            "error": null
        },
        "factsheet": {
            "url": "https://oppl.ai/apy/doc_store/FR0010754200_FS.txt",
            "found": true,
            "http_code": 200,
            "bytes": 12189,
            "error": null
        },
        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=FR0010754200&size=3",
            "found": true,
            "http_code": 200,
            "bytes": 387,
            "error": null
        }
    }
}