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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.",
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        "captured_at_utc": "2026-06-13T18:20:13+00:00",
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    "fund_name": "First Trust Indxx Global Aerospace & Defence UCITS ETF",
    "isin": "IE000NVDQXE1",
    "type": "ETF",
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    "asset_class": "Equity",
    "replication_method": "physical",
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        "inverse": false,
        "derivatives_mentioned": false,
        "derivatives_core_strategy": false,
        "derivatives_epm_only": false,
        "swaps": false,
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        "unfunded_swap": false,
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        "counterparty_risk": false,
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        "capital_protection": false,
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        "contango_backwardation": false,
        "coco_or_at1_exposure": false,
        "clo_exposure": false,
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        "crypto_digital_asset": false
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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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            "signal": "fund_name",
            "quote": "First Trust Indxx Global Aerospace & Defence UCITS ETF"
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            "signal": "type",
            "quote": "Key Investor Information ... First Trust Indxx Global Aerospace & Defence UCITS ETF"
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        {
            "source": "KIID",
            "signal": "ucits",
            "quote": "First Trust Indxx Global Aerospace & Defence UCITS ETF"
        },
        {
            "source": "FACTSHEET",
            "signal": "ucits",
            "quote": "UCITS Compliant Yes"
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        {
            "source": "FACTSHEET",
            "signal": "replication_method",
            "quote": "Replication Method Physical - Full Replication"
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        {
            "source": "FACTSHEET",
            "signal": "asset_class",
            "quote": "Asset Class Equity"
        },
        {
            "source": "KIID",
            "signal": "derivatives_mentioned",
            "quote": "The Fund invests primarily in equity securities that are included in the Index. The Investment Manager will seek to do this by trying to replicate the Index by holding in similar proportions the equity securities in the Index."
        },
        {
            "source": "PRIIPS_KID",
            "signal": "priips_comprehension_alert",
            "quote": "No comprehension alert found in the document."
        }
    ],
    "supporting_data": "UCITS physical ETF baseline applied. Policy mode: balanced. Product type: ETF. UCITS signal identified. Replication method: physical.",
    "missing_data": [],
    "warnings": [],
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