Last Updated on June 3, 2025 by Arnaud Collignon
Understanding the KIID: Key Information Document
The Key Information Document (KIID) is an essential resource for investors, providing clear and concise information about investment products. This document is designed to help you make informed decisions by summarizing the key features and risks associated with a financial product.
What is the KIID?
The KIID is a standardized document that must be provided to investors before they make an investment. It includes important information such as:
- Investment Objectives: A brief overview of what the investment aims to achieve.
- Risk and Reward Profile: An assessment of the potential risks and rewards associated with the investment.
- Costs: A breakdown of the fees and charges that may apply.
- Past Performance: Historical performance data to give context to the investment’s potential.
Why is the KIID Important?
The KIID serves several important functions:
- It promotes transparency in the investment process.
- It helps investors compare different products easily.
- It ensures that investors are aware of the risks involved before committing their funds.
Who Needs to Provide a KIID?
Investment firms and fund managers are required to provide a KIID for their products. This obligation ensures that all investors have access to the same essential information, fostering a fair investment environment.
How to Access a KIID?
Investors can typically access the KIID through the following channels:
- Directly from the investment firm’s website.
- Through financial advisors or brokers.
- By requesting a copy from the fund manager.
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