{
    "ok": true,
    "_meta": {
        "isin": "IE00B42WWV65",
        "asset_scope": "UK_COMPLEX_ASSET",
        "policy_mode": "strict",
        "policy_mode_description": "Any material derivative, swap, synthetic, complex underlying, structured payoff, roll-cost, leverage, inverse, or PRIIPs warning signal can drive complex classification.",
        "classification_engine_version": "1.0.0",
        "prompt_version": "complex_asset_extract_v1",
        "captured_at_utc": "2026-06-07T06:59:35+00:00",
        "captured_unix": 1780815575
    },
    "classification": "complex",
    "confidence": 0.93,
    "review_required": false,
    "decision_rule_applied": "etf_priips_comprehension_alert_hard_complex_rule",
    "product_policy_branch": "ETF",
    "fund_name": "Vanguard U.K. Gilt UCITS ETF",
    "isin": "IE00B42WWV65",
    "type": "ETF",
    "ucits": true,
    "asset_class": "fixed_income",
    "replication_method": "physical",
    "signals": {
        "leveraged": false,
        "inverse": false,
        "derivatives_mentioned": true,
        "derivatives_core_strategy": false,
        "derivatives_epm_only": true,
        "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": true,
        "securities_lending": false,
        "illiquid_or_hard_to_value_underlying": false,
        "physical_allocated_commodity": false,
        "crypto_digital_asset": false
    },
    "complex_factors": [
        "PRIIPs comprehension alert"
    ],
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        "UCITS fund",
        "Physical replication",
        "No leverage identified",
        "No inverse exposure identified"
    ],
    "consumer_understanding": {
        "risk_level": "high",
        "drivers": [
            "Counterparty risk language identified",
            "PRIIPs comprehension alert language",
            "Derivative use appears limited to efficient portfolio management, hedging or risk management",
            "UCITS ETF structure",
            "Physical replication or direct portfolio holdings",
            "Fixed income credit and duration risk"
        ],
        "plain_english_explanation": "The available evidence identifies features that may affect ordinary retail investor understanding. The assessment describes product-level mechanics only and does not judge the knowledge or experience of a 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": "fund_name",
            "quote": "Vanguard U.K. Gilt UCITS ETF (the \"Fund\")"
        },
        {
            "source": "KIID",
            "signal": "isin",
            "quote": "ISIN: IE00B42WWV65"
        },
        {
            "source": "KIID",
            "signal": "type",
            "quote": "ETF Shares in the Fund can be bought or sold on a daily basis"
        },
        {
            "source": "KIID",
            "signal": "ucits",
            "quote": "Vanguard U.K. Gilt UCITS ETF"
        },
        {
            "source": "KIID",
            "signal": "asset_class",
            "quote": "The Index includes UK Government Bond denominated in UK pounds sterling"
        },
        {
            "source": "KIID",
            "signal": "replication_method",
            "quote": "The Fund employs a passive management \u2013 or indexing \u2013 investment approach, through physical acquisition of securities"
        },
        {
            "source": "KIID",
            "signal": "replication_method",
            "quote": "consists of a representative sample of the component securities of the Index"
        },
        {
            "source": "KIID",
            "signal": "derivatives_mentioned",
            "quote": "The Fund may use derivatives in order to reduce risk or cost and/or generate extra income or growth."
        },
        {
            "source": "KIID",
            "signal": "derivatives_epm_only",
            "quote": "The Fund may use derivatives in order to reduce risk or cost and/or generate extra income or growth."
        },
        {
            "source": "KIID",
            "signal": "counterparty_risk",
            "quote": "Counterparty risk. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss."
        },
        {
            "source": "PRIIPS_KID",
            "signal": "priips_comprehension_alert",
            "quote": "You are about to purchase a Fund that is not simple and may be difficult to understand."
        }
    ],
    "supporting_data": "Hard complex product feature identified: PRIIPs comprehension alert. Policy mode: strict. Product type: ETF. UCITS signal identified. Replication method: physical.",
    "missing_data": [
        "securities_lending (not mentioned, unable to confirm)"
    ],
    "warnings": [
        "counterparty_risk_language_identified"
    ],
    "sources": {
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            "url": "https://oppl.ai/apy/doc_store/IE00B42WWV65_KIID.txt",
            "found": true,
            "http_code": 200,
            "bytes": 11610,
            "error": null
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        "priips_kid": {
            "url": "https://oppl.ai/eu_kiids/en_txt/IE00B42WWV65.txt",
            "found": true,
            "http_code": 200,
            "bytes": 13339,
            "error": null
        },
        "factsheet": {
            "url": "https://oppl.ai/apy/doc_store/IE00B42WWV65_FS.txt",
            "found": true,
            "http_code": 200,
            "bytes": 17653,
            "error": null
        },
        "market_data": {
            "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=IE00B42WWV65&size=3",
            "found": true,
            "http_code": 200,
            "bytes": 274,
            "error": null
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}