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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": "2026-06-19T12:10:37+00:00",
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    "review_required": false,
    "decision_rule_applied": "etf_ucits_physical_no_complex_override_rule",
    "product_policy_branch": "ETF",
    "fund_name": "ARK Genomic Revolution UCITS ETF",
    "isin": "IE000O5M6XO1",
    "type": "ETF",
    "ucits": true,
    "asset_class": "Equity",
    "replication_method": "physical",
    "signals": {
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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,
        "synthetic_replication": false,
        "counterparty_risk": false,
        "structured_payoff": false,
        "capital_protection": false,
        "commodity_futures_roll": false,
        "contango_backwardation": false,
        "coco_or_at1_exposure": false,
        "clo_exposure": false,
        "complex_index": false,
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        "securities_lending": false,
        "illiquid_or_hard_to_value_underlying": false,
        "physical_allocated_commodity": false,
        "crypto_digital_asset": false
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        "No inverse exposure identified"
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            "Physical replication or direct portfolio holdings"
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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": "ucits",
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        {
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            "signal": "type",
            "quote": "ARK GENOMIC REVOLUTION UCITS ETF"
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        {
            "source": "KIID",
            "signal": "asset_class",
            "quote": "invests primarily in global equity securities"
        },
        {
            "source": "KIID",
            "signal": "replication_method",
            "quote": "No mention of derivatives, swaps, or synthetic replication; the Fund is actively managed and invests directly in equity securities."
        },
        {
            "source": "PRIIPS_KID",
            "signal": "ucits",
            "quote": "This product is a UCITS exchange traded fund. It is a sub-fund of ARK Invest UCITS ICAV"
        },
        {
            "source": "FACTSHEET",
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            "quote": "ETF"
        },
        {
            "source": "FACTSHEET",
            "signal": "ucits",
            "quote": "UCITS Yes"
        },
        {
            "source": "FACTSHEET",
            "signal": "asset_class",
            "quote": "Active Equity ETF"
        }
    ],
    "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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            "http_code": 200,
            "bytes": 13271,
            "error": null
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            "http_code": 200,
            "bytes": 16845,
            "error": null
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