Investment - Articles - Comparing funds just got easier


 The Investment Management Association (IMA) has produced a guide explaining the new Key Investor Information Document (KIID) which every UK authorised UCITS fund must have by July next year.
 The KIID replaces the simplified prospectus. It is a two page breakdown of a fund's objectives and investment policy, its charges, risk profile and performance. The KIID is designed to be a comparative tool to help investors in the initial stages of selecting a fund.

 Victoria Nye, IMA Director of Education and Training said:

 "KIIDs are clear, concise and without spin; they are intended to be a simple way for investors to compare the various funds available. Our guide will prepare investors by providing a clear explanation of what KIIDs include. It also acts as a crucial reminder that KIIDs provide only some of the information investors need when making fund choices."
  

Back to Index


Similar News to this Story

Pessimism returns after Trumps speech on Iran
FTSE 100 opens lower following falls for indices in Asia. Trump’s prime-time speech dashed hopes for a faster resolution of the Iran conflict. Energy
Mega deals reach record high and propel surge in deal value
Global M&A shrugs off high volatility and geopolitical noise, as the value of completed deals soars to five-year high of $438 billion – an increase of
Trump talk pushes oil down but markets remain unsettled
Reports that President Trump is inclined to end the war, even without controlling the Strait of Hormuz, have pushed down oil prices. Markets remain sk

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.