{
    "ok": true,
    "_meta": {
        "isin": "FR0010930644",
        "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": "2026-06-04T13:18:27+00:00",
        "captured_unix": 1780579107
    },
    "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 Global Hydrogen UCITS ETF Acc",
    "isin": "FR0010930644",
    "type": "ETF",
    "ucits": true,
    "asset_class": "Equities",
    "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"
        ],
        "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 Global Hydrogen UCITS ETF Acc"
        },
        {
            "source": "KIID",
            "signal": "isin",
            "quote": "ISIN code: (C/D) FR0010930644"
        },
        {
            "source": "KIID",
            "signal": "ucits",
            "quote": "Amundi Global Hydrogen UCITS ETF Acc"
        },
        {
            "source": "KIID",
            "signal": "asset_class",
            "quote": "Classification by the AMF ... International equities."
        },
        {
            "source": "KIID",
            "signal": "replication_method",
            "quote": "using the direct replication method, which consists of investing in the financial securities that make up the 100% BLOOMBERG HYDROGEN SCREENED INDEX"
        },
        {
            "source": "FACTSHEET",
            "signal": "replication_method",
            "quote": "Replication type : Physical"
        },
        {
            "source": "PRIIPS_KID",
            "signal": "derivatives_mentioned",
            "quote": "The Management Company may use derivatives to manage inflows and outflows and also if this provides better exposure to a component of the Index."
        },
        {
            "source": "PRIIPS_KID",
            "signal": "derivatives_epm_only",
            "quote": "The Management Company may use derivatives to manage inflows and outflows and also if this provides better exposure to a component of the Index."
        },
        {
            "source": "PRIIPS_KID",
            "signal": "securities_lending",
            "quote": "In order to generate additional income to offset its costs, the Sub-fund may also enter into securities-lending transactions."
        },
        {
            "source": "KIID",
            "signal": "investment_objective_summary",
            "quote": "replicate, as closely as possible, the performance of the 100% BLOOMBERG HYDROGEN SCREENED INDEX"
        }
    ],
    "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/FR0010930644_KIID.txt",
            "found": true,
            "http_code": 200,
            "bytes": 8078,
            "error": null
        },
        "priips_kid": {
            "url": "https://oppl.ai/eu_kiids/en_txt/FR0010930644.txt",
            "found": true,
            "http_code": 200,
            "bytes": 15743,
            "error": null
        },
        "factsheet": {
            "url": "https://oppl.ai/apy/doc_store/FR0010930644_FS.txt",
            "found": true,
            "http_code": 200,
            "bytes": 14647,
            "error": null
        },
        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=FR0010930644&size=3",
            "found": true,
            "http_code": 200,
            "bytes": 273,
            "error": null
        }
    }
}