{
    "ok": true,
    "_meta": {
        "isin": "IE0009HF1MK9",
        "asset_scope": "UK_COMPLEX_ASSET",
        "policy_mode": "ucits_default",
        "policy_mode_description": "UCITS ETFs default to non-complex unless leverage, inverse exposure, structured payoff, complex underlyings, or explicit comprehension-warning language is identified.",
        "classification_engine_version": "1.0.0",
        "prompt_version": "complex_asset_extract_v1",
        "captured_at_utc": "2026-08-08T10:27:40+00:00",
        "captured_unix": 1786184860
    },
    "classification": "non-complex",
    "confidence": 0.82,
    "review_required": false,
    "decision_rule_applied": "etf_ucits_physical_no_complex_override_rule",
    "product_policy_branch": "ETF",
    "fund_name": "AMUNDI PRIME ALL COUNTRY WORLD UCITS ETF DIST",
    "isin": "IE0009HF1MK9",
    "type": "ETF",
    "ucits": true,
    "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
    },
    "complex_factors": [],
    "non_complex_factors": [
        "UCITS fund",
        "Physical replication",
        "No leverage identified",
        "No inverse exposure identified"
    ],
    "consumer_understanding": {
        "risk_level": "moderate",
        "drivers": [
            "Counterparty risk language identified",
            "UCITS ETF structure",
            "Physical replication or direct portfolio holdings"
        ],
        "plain_english_explanation": "The product is identified as a UCITS ETF using physical replication or direct portfolio holdings. No leverage, inverse exposure, synthetic replication or structured payoff was identified. Some ordinary market, credit, duration, liquidity or counterparty-risk language may still be present, but this does not by itself make the product complex.",
        "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."
    },
    "supporting_evidence": [
        {
            "source": "PRIIPS_KID",
            "signal": "fund_name",
            "quote": "AMUNDI PRIME ALL COUNTRY WORLD UCITS ETF DIST"
        },
        {
            "source": "PRIIPS_KID",
            "signal": "isin",
            "quote": "IE0009HF1MK9 - Currency: USD"
        },
        {
            "source": "PRIIPS_KID",
            "signal": "ucits",
            "quote": "Shares of a Sub-Fund of AMUNDI ETF ICAV, an Undertaking for Collective Investments in Transferable Securities (UCITS)"
        },
        {
            "source": "MARKET_DATA",
            "signal": "type",
            "quote": "\"category\":\"ETFS\""
        },
        {
            "source": "FACTSHEET",
            "signal": "asset_class",
            "quote": "Asset class : Equity"
        },
        {
            "source": "PRIIPS_KID",
            "signal": "investment_objective_summary",
            "quote": "The objective of the Sub-Fund is to track the performance of the Solactive GBS Global Markets Large & Mid Cap Index"
        },
        {
            "source": "PRIIPS_KID",
            "signal": "complex_index",
            "quote": "The Index intends to track the performance of the large and mid cap segment covering approximately the largest 85% of the free-float market capitalization in the global markets."
        },
        {
            "source": "KIID",
            "signal": "replication_method",
            "quote": "The exposure to the Index will be achieved through a Direct Replication, mainly by making direct investments in transferable securities"
        },
        {
            "source": "FACTSHEET",
            "signal": "replication_method",
            "quote": "Replication type : Physical"
        },
        {
            "source": "KIID",
            "signal": "derivatives_mentioned",
            "quote": "The Investment Manager will be able to use derivatives in order to deal with inflows and outflows and which relate to the Index or constituents of the Index for investment and/or efficient portfolio management."
        },
        {
            "source": "PRIIPS_KID",
            "signal": "derivatives_core_strategy",
            "quote": "The exposure to the Index will be achieved through a direct replication, mainly by making direct investments in transferable securities"
        },
        {
            "source": "KIID",
            "signal": "securities_lending",
            "quote": "the Sub-Fund may also enter into securities lending operations"
        },
        {
            "source": "KIID",
            "signal": "counterparty_risk",
            "quote": "Counterparty risk: represents the risk of default of a market participant to fulfil its contractual obligations vis-\u00e0-vis your portfolio."
        },
        {
            "source": "PRIIPS_KID",
            "signal": "capital_protection",
            "quote": "This product does not include any protection from future market performance so you could lose some or all of your investment."
        },
        {
            "source": "PRIIPS_KID",
            "signal": "priips_comprehension_alert",
            "quote": "No PRIIPs comprehension alert wording such as 'not simple and may be difficult to understand' was identified in the provided PRIIPS KID text."
        }
    ],
    "supporting_data": "UCITS physical ETF baseline applied. Policy mode: ucits_default. Product type: ETF. UCITS signal identified. Replication method: physical.",
    "missing_data": [
        "The precise expected extent of derivative use is not quantified in the provided documents.",
        "Derivative use is described as for dealing with inflows/outflows and for investment and/or efficient portfolio management; because 'for investment' is included, derivatives_epm_only is not marked true, but direct/physical replication evidence indicates derivatives are not core to index delivery."
    ],
    "warnings": [
        "counterparty_risk_language_identified"
    ],
    "sources": {
        "kiid": {
            "url": "https://oppl.ai/apy/doc_store/IE0009HF1MK9_KIID.txt",
            "found": true,
            "http_code": 200,
            "bytes": 8561,
            "error": null
        },
        "priips_kid": {
            "url": "https://oppl.ai/eu_kiids/en_txt/IE0009HF1MK9.txt",
            "found": true,
            "http_code": 200,
            "bytes": 13237,
            "error": null
        },
        "factsheet": {
            "url": "https://oppl.ai/apy/doc_store/IE0009HF1MK9_FS.txt",
            "found": true,
            "http_code": 200,
            "bytes": 11531,
            "error": null
        },
        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=IE0009HF1MK9&size=3",
            "found": true,
            "http_code": 200,
            "bytes": 301,
            "error": null
        }
    }
}