Key information and key investor information documents
What is a KID?
A key information document (KID) is a standardised document that must be provided to retail investors for certain types of investment products in the UK and European Union (EU) under the packaged retail and insurance-based investment products (PRIIPS) regime, such as Crypto ETNs, ETNs, and ETCs.
What is a KIID?
A key investor information document (KIID) is a standardised document that must be provided to retail investors for certain types of investment products in the UK and EU under the undertakings for collective investment in transferable securities (UCITS) regime, such as UK-listed ETFs.
What is the purpose of a KID/KIID?
KIDs and KIIDs are designed to help you understand the key features of the product, such as nature, risks, costs and potential gains and losses, helping you towards making an informed decision about whether it's suitable for your investment objectives and risk tolerance.
They are important tools for promoting transparency and investor protection in the UK and EU.