{
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        "isin": "IE0000F1IQZ8",
        "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.",
        "classification_engine_version": "1.0.0",
        "prompt_version": "complex_asset_extract_v1",
        "captured_at_utc": "2026-06-16T13:41:27+00:00",
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    "product_policy_branch": "ETF",
    "fund_name": "JPM Global Aggregate Bond Active UCITS ETF - GBP Hedged (acc)",
    "isin": "IE0000F1IQZ8",
    "type": "ETF",
    "ucits": true,
    "asset_class": "Fixed Income",
    "replication_method": "physical",
    "signals": {
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        "inverse": false,
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        "derivatives_core_strategy": false,
        "derivatives_epm_only": false,
        "swaps": false,
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        "unfunded_swap": false,
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        "counterparty_risk": true,
        "structured_payoff": false,
        "capital_protection": false,
        "commodity_futures_roll": false,
        "contango_backwardation": false,
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        "clo_exposure": false,
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        "securities_lending": false,
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        "crypto_digital_asset": false
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            "Counterparty risk language identified",
            "UCITS ETF structure",
            "Physical replication or direct portfolio holdings",
            "Fixed income credit and duration risk"
        ],
        "plain_english_explanation": "The product appears to have exposure to CoCo or AT1-style instruments. These can be difficult to understand because they may include loss absorption, conversion or write-down mechanics that behave differently from ordinary bonds.",
        "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": "using financial derivative instruments to gain exposure to underlying assets, where appropriate"
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            "signal": "derivatives_mentioned",
            "quote": "The Sub-Fund may, for investment purposes and efficient portfolio management purposes, use financial derivative instruments."
        },
        {
            "source": "KIID",
            "signal": "ucits",
            "quote": "JPMorgan ETFs (Ireland) ICAV \u2013 Global Aggregate Bond Active UCITS ETF"
        },
        {
            "source": "PRIIPS_KID",
            "signal": "ucits",
            "quote": "This product is a UCITS exchange traded fund or 'UCITS ETF'."
        },
        {
            "source": "FACTSHEET",
            "signal": "replication_physical",
            "quote": "Invests across all sectors of global investment grade debt which includes government, government related, corporate, emerging markets and securitised debt."
        }
    ],
    "supporting_data": "Hard complex product feature identified: CoCo or AT1 bond exposure. Policy mode: balanced. Product type: ETF. UCITS signal identified. Replication method: physical.",
    "missing_data": [],
    "warnings": [
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        "counterparty_risk_language_identified"
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            "http_code": 200,
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            "error": null
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            "http_code": 200,
            "bytes": 19293,
            "error": null
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            "url": "https://oppl.ai/apy/doc_store/IE0000F1IQZ8_FS.txt",
            "found": true,
            "http_code": 200,
            "bytes": 13032,
            "error": null
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        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=IE0000F1IQZ8&size=3",
            "found": true,
            "http_code": 200,
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