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        "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.",
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        "prompt_version": "complex_asset_extract_v1",
        "captured_at_utc": "2026-06-25T21:19:02+00:00",
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    "product_policy_branch": "ETF",
    "fund_name": "JPM Global Aggregate Bond Active UCITS ETF - USD Hedged (acc)",
    "isin": "IE0003CEOZG5",
    "type": "ETF",
    "ucits": true,
    "asset_class": "Fixed Income",
    "replication_method": "physical",
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        "inverse": false,
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        "derivatives_core_strategy": false,
        "derivatives_epm_only": true,
        "swaps": false,
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        "unfunded_swap": false,
        "synthetic_replication": false,
        "counterparty_risk": true,
        "structured_payoff": false,
        "capital_protection": false,
        "commodity_futures_roll": false,
        "contango_backwardation": false,
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        "securities_lending": false,
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        "crypto_digital_asset": false
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            "Less liquid or harder-to-value underlying exposure language",
            "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 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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            "signal": "derivatives_mentioned",
            "quote": "The Sub-Fund may, for investment purposes and efficient portfolio management purposes, use financial derivative instruments."
        },
        {
            "source": "KIID",
            "signal": "derivatives_epm_only",
            "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": "FACTSHEET",
            "signal": "replication_method",
            "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: strict. Product type: ETF. UCITS signal identified. Replication method: physical.",
    "missing_data": [],
    "warnings": [
        "illiquid_or_hard_to_value_underlying_identified",
        "counterparty_risk_language_identified"
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            "http_code": 200,
            "bytes": 15445,
            "error": null
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            "found": true,
            "http_code": 200,
            "bytes": 19332,
            "error": null
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            "url": "https://oppl.ai/apy/doc_store/IE0003CEOZG5_FS.txt",
            "found": true,
            "http_code": 200,
            "bytes": 21494,
            "error": null
        },
        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=IE0003CEOZG5&size=3",
            "found": true,
            "http_code": 200,
            "bytes": 340,
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