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A key information document (KID) is a standardised document that must be provided to investors in certain types of investment products in the European Union (EU) under the packaged retail and insurance-based investment products (PRIIPS) regulation.

The KID is designed to help investors understand the key features of the product, such as nature, risks, costs and potential gains and losses, so they can make an informed decision about whether it is suitable for their investment objectives and risk tolerance. It’s an important tool for promoting transparency and investor protection in the EU.