KIID - Key Investor Information Document
The Key Investor Information Document (KIID) is a document containing the key information on an investment fund in a clear and standardised format (e.g. objectives, investment policy and risk classification of the fund, current annual costs). It must be made available to investors before they reach any investment decision. KIIDs must be drawn up by investment companies for each mutual fund they manage, and their form and contents are governed by strict specifications.