{ "ok": true, "_meta": { "validator": "oppl_complex_asset_json_validator", "validator_version": "1.1.9", "captured_at_utc": "2026-08-09T12:03:28+00:00", "captured_unix": 1786277008, "input_source": "url", "input_url": "https://oppl.ai/llms/runs/etf/IE00077IIPQ8_balanced_latest.json", "source_assessment_hash": "2bc0dda7e8e9a43ebbe08ee779095280089a476a35c94f040f45172d4c89dc89", "agent_enabled": true, "agent_provider": "openrouter", "agent_model": "gpt-4.1-mini", "agent_temperature": 0, "agent_max_tokens": 1800, "warn_short_agent": true, "validator_modes": { "deterministic": "executed", "agent": "executed" } }, "isin": "IE00077IIPQ8", "classification": "complex", "policy_mode": "balanced", "decision_rule_applied": "etf_leveraged_hard_complex_rule", "validator_verdict": "pass", "publishable": true, "confidence": 0.88, "issue_count": 0, "issues": [], "suggested_repairs": [], "deterministic_review": { "ok": true, "validator_type": "deterministic", "validator_verdict": "pass", "publishable": true, "confidence": 0.88, "issues": [], "suggested_repairs": [], "decisive_signal_evidence": { "checked": true, "decision_rule_signal": "leveraged", "decision_rule_signal_true": true, "decision_rule_signal_supported": true, "decision_rule_matching_evidence_count": 2, "decision_rule_matches": [ { "index": 0, "source": "PRIIPS_KID", "evidence_signal": "leveraged", "quote": "The index is designed to track the performance of a 90 % exposure to large -cap global equities, and 60 % to global government bond futures contracts, effectively delivering a leveraged position to the traditional 60 /40 portfolio ." }, { "index": 1, "source": "FACTSHEET", "evidence_signal": "leveraged", "quote": "This ETF contains elements of leverage that could lead to significantly magnified losses in comparison to investments that do not incorporate leverage ." } ], "true_hard_signals": [ "leveraged", "synthetic_replication" ], "supported_hard_signals": [ "leveraged", "synthetic_replication" ], "unsupported_hard_signals": [], "checks": { "leveraged": { "signal_true": true, "direct_evidence": true, "matching_evidence_count": 2, "decision_rule_uses_signal": true, "matches": [ { "index": 0, "source": "PRIIPS_KID", "evidence_signal": "leveraged", "quote": "The index is designed to track the performance of a 90 % exposure to large -cap global equities, and 60 % to global government bond futures contracts, effectively delivering a leveraged position to the traditional 60 /40 portfolio ." }, { "index": 1, "source": "FACTSHEET", "evidence_signal": "leveraged", "quote": "This ETF contains elements of leverage that could lead to significantly magnified losses in comparison to investments that do not incorporate leverage ." } ] }, "synthetic_replication": { "signal_true": true, "direct_evidence": true, "matching_evidence_count": 1, "decision_rule_uses_signal": false, "matches": [ { "index": 2, "source": "KIID", "evidence_signal": "derivatives_core_strategy", "quote": "The Index provides synthetic exposure to a basket of global government bond futures contracts with maturities ranging from 2 to 30 years in order to achieve a 60% notional exposure to Bonds." } ] } } }, "derivative_materiality": { "checked": true, "policy_mode": "balanced", "type": "ETF", "ucits": true, "physical_replication": false, "swaps_signal": false, "synthetic_replication": true, "derivatives_core_strategy": true, "derivatives_epm_only": false, "derivative_evidence_count": 2, "swap_evidence_count": 0, "permission_or_ancillary_evidence_count": 1, "core_derivative_evidence_count": 1, "only_permission_or_ancillary_derivative_evidence": false, "supported_independent_hard_signals": [ "leveraged", "synthetic_replication" ] }, "detected_features": { "helo_or_core_options_overlay": false, "physical_replication": false, "has_epm_only_evidence": false, "has_core_derivatives_evidence": true, "has_generic_fdi_permission_evidence": false, "has_option_overlay_evidence": false } }, "agent_review": { "ok": true, "model": "gpt-4.1-mini", "temperature": 0, "max_tokens": 1800, "usage": { "prompt_tokens": 3927, "completion_tokens": 228, "total_tokens": 4155, "raw": { "prompt_tokens": 3927, "completion_tokens": 228, "total_tokens": 4155, "cost": 0.0019356, "is_byok": false, "prompt_tokens_details": { "cached_tokens": 0, "cache_write_tokens": 0, "audio_tokens": 0, "video_tokens": 0 }, "cost_details": { "upstream_inference_cost": 0.0019356, "upstream_inference_prompt_cost": 0.0015708, "upstream_inference_completions_cost": 0.0003648 }, "completion_tokens_details": { "reasoning_tokens": 0, "image_tokens": 0, "audio_tokens": 0 } } }, "cost": { "estimated": false, "actual_provider_cost_available": true, "model": "gpt-4.1-mini", "prompt_tokens": 3927, "completion_tokens": 228, "total_tokens": 4155, "input_cost_usd": 0.0015708, "output_cost_usd": 0.0003648, "estimated_cost_usd": 0.0019356, "pricing_basis": "openrouter_usage_cost" }, "review": { "validator_verdict": "pass", "publishable": true, "confidence": 0.93, "summary": "The assessment is internally consistent with classification=complex driven by leveraged exposure and synthetic replication signals, both directly supported by product-specific evidence. The decision_rule_applied 'etf_leveraged_hard_complex_rule' correctly relies on the leveraged signal, which is well evidenced. The synthetic_replication signal is supported by direct evidence but not used by the decision rule, which is acceptable and treated as additional hard-complex evidence. The derivatives_core_strategy signal is supported by direct product-specific evidence. The derivatives_epm_only flag is false and no conflicting evidence is present. No unsupported hard signals are used by the decision rule. Supporting evidence signal labels match their quotes. The policy mode is balanced, and the classification and evidence mapping comply with Oppl policy. No HELO or option overlay evidence is present, so no re-labelling is needed. The client-facing JSON is publishable as-is with no required repairs.", "issues": [], "suggested_repairs": [] } } }