Key features document (KFD):
A Key Features Document (KFD) is a document that provides a summary of the key features and risks of a financial product, such as an insurance policy, bond, or investment fund. The KFD is intended to help consumers understand the main features and risks of the product and to help them make an informed decision about whether to purchase the product. It typically includes information about the product's objectives, risks, charges, and performance, as well as the contact details of the provider.
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Key investor information document (KIID):
A Key Investor Information Document (KIID) is a document that provides a summary of the key features and risks of a UCITS (Undertakings for Collective Investment in Transferable Securities) fund. The KIID is intended to help investors understand the main features and risks of the fund and to help them make an informed decision about whether to invest in the fund. It typically includes information about the fund's objectives, risks, charges, and performance, as well as the contact details of the fund provider. This document is mandatory for all UCITS funds, the goal is to provide a simple and clear information, so the investors can understand the fund's characteristics and the level of risks. |