Key Information Document (KID)
The KID is a document that contains the essential information to understand the nature and risks of any investment funds (or UCITS - Undertakings for Collective Investments in Transferable Securities) you may wish to invest in.
Some of its key components are:
- financial data,
- a risk/reward indicator
- past performance bar charts
The idea behind the KID is to provide you with easily understandable fund disclosures.
According to the international rules and regulations governing the UCITS such a KID must be prepared by the relevant UCITS and provided to you.
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A share is a unit of ownership delivered by a capital company. In most cases, it is a commercial company with a limited liability. Holding one of several shares – in other words, being a shareholder – means that you own a part of the company’s capital but you are not held personally liable for the company’s debts.
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