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        "isin": "IE0003WV2ME7",
        "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": "2026-06-07T06:35:25+00:00",
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    "review_required": false,
    "decision_rule_applied": "etf_priips_comprehension_alert_hard_complex_rule",
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    "fund_name": "iShares S&P 500 Equal Weight UCITS ETF",
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    "type": "ETF",
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    "asset_class": "Equity",
    "replication_method": "physical",
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        "inverse": false,
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        "derivatives_core_strategy": false,
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        "swaps": false,
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        "structured_payoff": false,
        "capital_protection": false,
        "commodity_futures_roll": false,
        "contango_backwardation": false,
        "coco_or_at1_exposure": false,
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        "illiquid_or_hard_to_value_underlying": false,
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        "crypto_digital_asset": false
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        "No inverse exposure identified"
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            "Counterparty risk language identified",
            "PRIIPs comprehension alert language",
            "UCITS ETF structure",
            "Physical replication or direct portfolio holdings"
        ],
        "plain_english_explanation": "The available evidence identifies features that may affect ordinary retail investor understanding. The assessment describes product-level mechanics only and does not judge the knowledge or experience of a specific client.",
        "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": "Caution: You are about to purchase a product that is not simple and may be difficult to understand."
        },
        {
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            "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."
        },
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            "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."
        }
    ],
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    "missing_data": [
        "Extent of derivative use for direct investment (core vs. non-core) is not fully specified beyond 'may be used for direct investment purposes'."
    ],
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        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=IE0003WV2ME7&size=3",
            "found": true,
            "http_code": 200,
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