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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": "2026-06-13T18:12:09+00:00",
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    "fund_name": "First Trust Nasdaq\u00ae Clean Edge\u00ae Global Water UCITS ETF",
    "isin": "IE000Q8F0M81",
    "type": "ETF",
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        "inverse": false,
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        "derivatives_core_strategy": false,
        "derivatives_epm_only": false,
        "swaps": false,
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        "unfunded_swap": false,
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        "capital_protection": false,
        "commodity_futures_roll": false,
        "contango_backwardation": false,
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        "clo_exposure": 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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        "Physical replication",
        "No leverage identified",
        "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": "investment_objective",
            "quote": "The Fund seeks to provide investors with investment results that correspond generally to the price and yield, before fees and expenses, to those of an equity index called the Nasdaq\u00ae Clean Edge\u00ae Global Water Index"
        },
        {
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            "signal": "replication_method",
            "quote": "Replication Method: Physical - Full Replication"
        },
        {
            "source": "KIID",
            "signal": "ucits",
            "quote": "First Trust Nasdaq\u00ae Clean Edge\u00ae Global Water UCITS ETF"
        }
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    "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": 10789,
            "error": null
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            "http_code": 200,
            "bytes": 12200,
            "error": null
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        "market_data": {
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            "found": true,
            "http_code": 200,
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