{
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    "_meta": {
        "isin": "IE0000LTAD82",
        "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": "2026-06-25T21:18:07+00:00",
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    "confidence": 0.88,
    "review_required": false,
    "decision_rule_applied": "strict_etf_swap_complex_rule",
    "product_policy_branch": "ETF",
    "fund_name": "Robeco Europe Dynamic High Yield UCITS ETF EUR Acc",
    "isin": "IE0000LTAD82",
    "type": "ETF",
    "ucits": true,
    "asset_class": "Bonds",
    "replication_method": "synthetic",
    "signals": {
        "leveraged": false,
        "inverse": false,
        "derivatives_mentioned": true,
        "derivatives_core_strategy": true,
        "derivatives_epm_only": false,
        "swaps": true,
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        "unfunded_swap": false,
        "synthetic_replication": true,
        "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": false,
        "illiquid_or_hard_to_value_underlying": true,
        "physical_allocated_commodity": false,
        "crypto_digital_asset": false
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            "Counterparty exposure may be relevant to returns or risk",
            "Derivatives appear core to the investment strategy",
            "Less liquid or harder-to-value underlying exposure language",
            "Counterparty risk language identified",
            "Fixed income credit and duration risk"
        ],
        "plain_english_explanation": "The product appears to use synthetic or swap-based exposure. This may be difficult for ordinary retail clients to understand because returns can depend not only on the referenced market exposure but also on derivative mechanics, collateral arrangements and counterparty risk.",
        "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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            "signal": "derivatives_core_strategy",
            "quote": "by investing primarily in CDS index derivatives"
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        {
            "source": "KIID",
            "signal": "swaps",
            "quote": "by investing primarily in CDS index derivatives"
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            "source": "KIID",
            "signal": "synthetic_replication",
            "quote": "by investing primarily in CDS index derivatives"
        },
        {
            "source": "KIID",
            "signal": "counterparty_risk",
            "quote": "A derivative counterparty may fail to fulfill its obligations which could result in a loss."
        },
        {
            "source": "FACTSHEET",
            "signal": "derivatives_core_strategy",
            "quote": "The investment exposure of the fund is obtained to a material degree through derivatives"
        },
        {
            "source": "FACTSHEET",
            "signal": "swaps",
            "quote": "the fund only invests in the European CDS High Yield Index (iTraxx Crossover)"
        }
    ],
    "supporting_data": "ETF has evidenced core or synthetic swap usage. Policy mode: strict. Product type: ETF. UCITS signal identified. Replication method: synthetic.",
    "missing_data": [
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        "structured_payoff",
        "capital_protection"
    ],
    "warnings": [
        "illiquid_or_hard_to_value_underlying_identified",
        "counterparty_risk_language_identified"
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    "sources": {
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            "url": "https://oppl.ai/apy/doc_store/IE0000LTAD82_KIID.txt",
            "found": true,
            "http_code": 200,
            "bytes": 6114,
            "error": null
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            "found": true,
            "http_code": 200,
            "bytes": 12110,
            "error": null
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            "url": "https://oppl.ai/apy/doc_store/IE0000LTAD82_FS.txt",
            "found": true,
            "http_code": 200,
            "bytes": 37227,
            "error": null
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        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=IE0000LTAD82&size=3",
            "found": true,
            "http_code": 200,
            "bytes": 307,
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}