KIIDasiakirjan

KIIDasiakirjan is a Finnish abbreviation standing for "Key Investor Information Document." This document is a mandatory, standardized disclosure document that provides essential information about an investment product to potential investors. Its primary purpose is to help investors understand the nature and risks of the investment before making a decision. The KIIDasiakirjan is designed to be concise and easy to understand, avoiding technical jargon where possible.

The content of a KIIDasiakirjan typically includes a summary of the investment's objectives, its risk profile, past performance, any associated costs and charges, and information about the management company. It also details the recommended holding period and any potential conflicts of interest. The structure and content of the KIIDasiakirjan are regulated by financial authorities to ensure consistency and comparability across different investment products.

In essence, the KIIDasiakirjan serves as a crucial tool for investor protection, promoting transparency and informed decision-making within the financial markets. It is a standardized document that investors should always review carefully when considering purchasing investment funds or other packaged retail investment products.