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        "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": "2026-06-29T08:50:02+00:00",
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    "classification": "non-complex",
    "confidence": 0.78,
    "review_required": false,
    "decision_rule_applied": "etf_ucits_no_complex_override_rule",
    "product_policy_branch": "ETF",
    "fund_name": "Janus Henderson EUR Short Duration Income Active Core UCITS ETF - EUR Acc",
    "isin": "IE000CCQKON9",
    "type": "ETF",
    "ucits": true,
    "asset_class": "fixed income",
    "replication_method": null,
    "signals": {
        "leveraged": false,
        "inverse": false,
        "derivatives_mentioned": true,
        "derivatives_core_strategy": false,
        "derivatives_epm_only": false,
        "swaps": true,
        "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": true,
        "securities_lending": false,
        "illiquid_or_hard_to_value_underlying": true,
        "physical_allocated_commodity": false,
        "crypto_digital_asset": false
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    "non_complex_factors": [
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        "No leverage identified",
        "No inverse exposure identified"
    ],
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        "risk_level": "moderate",
        "drivers": [
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            "Derivative powers appear permission-based rather than evidenced as core exposure",
            "Less liquid or harder-to-value underlying exposure language",
            "Counterparty risk language identified",
            "PRIIPs comprehension alert language",
            "Fixed income credit and duration risk"
        ],
        "plain_english_explanation": "The product contains some risk-language or investment mechanics that may require explanation, but no hard complex feature has been identified from the available evidence. The assessment should be read as product-level context rather than a conclusion about any 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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            "source": "KIID",
            "signal": "swaps",
            "quote": "The Sub-Fund may employ investment techniques and instruments (trading in futures, options, swaps, swaptions, CDS (both single name and indices) and forward currency exchange contracts) for efficient portfolio management or for investment purposes"
        },
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            "signal": "priips_comprehension_alert",
            "quote": "You are about to purchase a product that is not simple and may be difficult to understand"
        },
        {
            "source": "KIID",
            "signal": "counterparty_risk",
            "quote": "Derivatives: Derivatives may be used with the aim of reducing risk or managing the portfolio more efficiently. However, this introduces other risks, in particular, that a derivative counterparty may not meet its contractual obligations."
        },
        {
            "source": "KIID",
            "signal": "derivatives_mentioned",
            "quote": "The Sub-Fund may employ investment techniques and instruments (trading in futures, options, swaps, swaptions, CDS (both single name and indices) and forward currency exchange contracts) for efficient portfolio management or for investment purposes"
        }
    ],
    "supporting_data": "UCITS ETF baseline applied. Policy mode: balanced. Product type: ETF. UCITS signal identified.",
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        "funded_swap",
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        "securities_lending",
        "illiquid_or_hard_to_value_underlying"
    ],
    "warnings": [
        "illiquid_or_hard_to_value_underlying_identified",
        "counterparty_risk_language_identified",
        "priips_comprehension_alert_soft_flag",
        "swap_permission_language_identified_not_core_strategy"
    ],
    "sources": {
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            "url": "https://oppl.ai/apy/doc_store/IE000CCQKON9_KIID.txt",
            "found": true,
            "http_code": 200,
            "bytes": 11636,
            "error": null
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        "priips_kid": {
            "url": "https://oppl.ai/eu_kiids/en_txt/IE000CCQKON9.txt",
            "found": true,
            "http_code": 200,
            "bytes": 13685,
            "error": null
        },
        "factsheet": {
            "url": "https://oppl.ai/apy/doc_store/IE000CCQKON9_FS.txt",
            "found": true,
            "http_code": 200,
            "bytes": 12994,
            "error": null
        },
        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=IE000CCQKON9&size=3",
            "found": true,
            "http_code": 200,
            "bytes": 61,
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}