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        "isin": "IE0000N55FP4",
        "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": "2026-06-14T10:32:09+00:00",
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    "confidence": 0.82,
    "review_required": false,
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    "product_policy_branch": "ETF",
    "fund_name": "iShares MSCI Europe Small Cap UCITS ETF",
    "isin": "IE0000N55FP4",
    "type": "ETF",
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    "asset_class": "Equity",
    "replication_method": "physical",
    "signals": {
        "leveraged": false,
        "inverse": false,
        "derivatives_mentioned": true,
        "derivatives_core_strategy": false,
        "derivatives_epm_only": false,
        "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
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        "Physical replication",
        "No leverage identified",
        "No inverse exposure identified"
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        "drivers": [
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            "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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        {
            "source": "KIID",
            "signal": "derivatives_mentioned",
            "quote": "The Fund uses optimising techniques to achieve a similar return to the Index. These techniques may include the strategic selection of certain securities that make up the Index and also the use of Financial Derivative Instruments (\u201cFDIs\u201d) (i.e. investments the prices of which are based on, one or more underlying assets). FDIs may be used for direct investment purposes."
        },
        {
            "source": "KIID",
            "signal": "counterparty_risk",
            "quote": "Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Share Class to financial loss."
        },
        {
            "source": "KIID",
            "signal": "securities_lending",
            "quote": "The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund."
        },
        {
            "source": "FACTSHEET",
            "signal": "replication_method_physical",
            "quote": "Methodology : Optimised"
        },
        {
            "source": "FACTSHEET",
            "signal": "product_type_etf",
            "quote": "iShares MSCI Europe Small Cap UCITS ETF"
        },
        {
            "source": "FACTSHEET",
            "signal": "asset_class_equity",
            "quote": "Asset Class : Equity"
        }
    ],
    "supporting_data": "UCITS physical ETF baseline applied. Policy mode: balanced. Product type: ETF. UCITS signal identified. Replication method: physical.",
    "missing_data": [
        "PRIIPs KID not available; no PRIIPs comprehension alert could be verified."
    ],
    "warnings": [
        "counterparty_risk_language_identified"
    ],
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            "http_code": 200,
            "bytes": 10180,
            "error": null
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            "url": "https://oppl.ai/eu_kiids/en_txt/IE0000N55FP4.txt",
            "found": true,
            "http_code": 200,
            "bytes": 144,
            "error": null
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            "url": "https://oppl.ai/apy/doc_store/IE0000N55FP4_FS.txt",
            "found": true,
            "http_code": 200,
            "bytes": 10640,
            "error": null
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        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=IE0000N55FP4&size=3",
            "found": true,
            "http_code": 200,
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