{ "ok": true, "_meta": { "isin": "IE0005YK6564", "asset_scope": "UK_COMPLEX_ASSET", "policy_mode": "ucits_default", "policy_mode_description": "UCITS ETFs default to non-complex unless leverage, inverse exposure, structured payoff, complex underlyings, or explicit comprehension-warning language is identified.", "classification_engine_version": "1.0.0", "prompt_version": "complex_asset_extract_v1", "captured_at_utc": "2026-08-08T09:38:21+00:00", "captured_unix": 1786181901 }, "classification": "non-complex", "confidence": 0.82, "review_required": false, "decision_rule_applied": "etf_ucits_physical_no_complex_override_rule", "product_policy_branch": "ETF", "fund_name": "Sprott Uranium Miners UCITS ETF", "isin": "IE0005YK6564", "type": "ETF", "ucits": true, "asset_class": "Equities", "replication_method": "physical", "signals": { "leveraged": false, "inverse": false, "derivatives_mentioned": true, "derivatives_core_strategy": false, "derivatives_epm_only": null, "swaps": false, "funded_swap": false, "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, "priips_comprehension_alert": true, "securities_lending": true, "illiquid_or_hard_to_value_underlying": false, "physical_allocated_commodity": false, "crypto_digital_asset": false }, "complex_factors": [], "non_complex_factors": [ "UCITS fund", "Physical replication", "No leverage identified", "No inverse exposure identified" ], "consumer_understanding": { "risk_level": "moderate", "drivers": [ "PRIIPs comprehension alert language", "UCITS ETF structure", "Physical replication or direct portfolio holdings" ], "plain_english_explanation": "The product is identified as a UCITS ETF using physical replication or direct portfolio holdings. No leverage, inverse exposure, synthetic replication or structured payoff was identified. Some ordinary market, credit, duration, liquidity or counterparty-risk language may still be present, but this does not by itself make the product complex.", "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." }, "supporting_evidence": [ { "source": "PRIIPS_KID", "signal": "fund_name", "quote": "Sprott Uranium Miners UCITS ETF" }, { "source": "PRIIPS_KID", "signal": "isin", "quote": "ISIN IE0005YK6564" }, { "source": "PRIIPS_KID", "signal": "ucits", "quote": "authorised by the Central Bank under the UCITS Regulation 2011, as amended" }, { "source": "KIID", "signal": "type", "quote": "Sprott Uranium Miners UCITS ETF" }, { "source": "MARKET_DATA", "signal": "type", "quote": "category: ETFS" }, { "source": "FACTSHEET", "signal": "asset_class", "quote": "Asset Class Equities" }, { "source": "PRIIPS_KID", "signal": "investment_objective", "quote": "The Fund seeks to track the price and yield performance, before fees and expenses, of the North Shore Sprott Uranium Miners Index" }, { "source": "PRIIPS_KID", "signal": "investment_objective", "quote": "designed to measure the performance of a global investable universe of publicly listed companies that are involved in the mining, exploration, development and production of uranium and/or hold physical uranium and uranium royalties" }, { "source": "KIID", "signal": "replication_method", "quote": "it will invest in the equity securities of companies in proportion to the weightings comprising the Index" }, { "source": "FACTSHEET", "signal": "replication_method", "quote": "Replication Style Physical" }, { "source": "PRIIPS_KID", "signal": "derivatives_mentioned", "quote": "use of derivatives may involve additional risks" }, { "source": "PRIIPS_KID", "signal": "derivatives_core_strategy", "quote": "it will invest in the equity securities of companies in proportion to the weightings comprising the Index" }, { "source": "PRIIPS_KID", "signal": "synthetic_replication", "quote": "will seek to employ a replication methodology, meaning as far as possible and practicable, it will invest in the equity securities of companies in proportion to the weightings comprising the Index" }, { "source": "PRIIPS_KID", "signal": "priips_comprehension_alert", "quote": "You are about to purchase a product that is not simple and may be difficult to understand" }, { "source": "KIID", "signal": "securities_lending", "quote": "The fund may engage in securities lending activity." }, { "source": "KIID", "signal": "securities_lending", "quote": "The Fund may engage in securities lending, whereby 70% of the revenues arising from securities lending will be returned to the Fund" }, { "source": "PRIIPS_KID", "signal": "capital_protection", "quote": "The Fund does not include any protection from future market performance so you could lose some or all of your investment." }, { "source": "PRIIPS_KID", "signal": "complex_index", "quote": "The Index is governed by a published, rules-based methodology" }, { "source": "FACTSHEET", "signal": "crypto_digital_asset", "quote": "Sprott Uranium Miners UCITS ETF" } ], "supporting_data": "UCITS physical ETF baseline applied. Policy mode: ucits_default. Product type: ETF. UCITS signal identified. Replication method: physical.", "missing_data": [ "The PRIIPs KID mentions use of derivatives may involve additional risks, but the provided documents do not describe the permitted derivative purposes or whether derivatives are limited to efficient portfolio management.", "The provided documents do not include the full Prospectus or Supplement risk-factor wording.", "No explicit swap, funded swap, unfunded swap, total return swap, OTC derivative counterparty, or synthetic replication language was found.", "No explicit counterparty-risk wording was found, although securities lending is mentioned.", "The fund may invest in entities that hold physical uranium or uranium royalties, but the documents indicate the Fund itself invests in equity securities; direct illiquid or hard-to-value underlying exposure is therefore unclear." ], "warnings": [ "priips_comprehension_alert_soft_flag" ], "sources": { "kiid": { "url": "https://oppl.ai/apy/doc_store/IE0005YK6564_KIID.txt", "found": true, "http_code": 200, "bytes": 10628, "error": null }, "priips_kid": { "url": "https://oppl.ai/eu_kiids/en_txt/IE0005YK6564.txt", "found": true, "http_code": 200, "bytes": 12639, "error": null }, "factsheet": { "url": "https://oppl.ai/apy/doc_store/IE0005YK6564_FS.txt", "found": true, "http_code": 200, "bytes": 14247, "error": null }, "market_data": { "url": "https://api.londonstockexchange.com/api/gw/lse/search/autocomplete?q=IE0005YK6564&size=3", "found": true, "http_code": 200, "bytes": 494, "error": null } } }