What are KIIDs?

A KIID (Key Investor Information Document) is an information sheet provided by the fund manager that includes all the key facts and figures about a fund. It describes what the fund does, the investment risk, charges and performance to help you assess whether a particular investment fund meets your needs. It comes in a standardized format, set out in AMFI regulations. The aim is to enable potential investors to make comparisons between different funds and to facilitate informed investment decisions.