From the Learn Hub
Learn Hub
KIID (Key Investor Information Document) definition
A short, easy-to-read document that explains the key facts about an investment fund.
What is a KIID?
A Key Investor Information Document (KIID) is a short, easy-to-read document that explains the key facts about an investment fund. If you’re thinking about investing in a fund, this is one of the first things you should check – it gives you a snapshot of what you’re getting into.
What information is in a KIID?
A KIID typically includes:
- A summary of the fund’s objectives and investment strategy
- The level of risk involved (rated from 1 to 7)
- Fees and charges you’ll pay
- Past performance (though remember, past performance isn’t a guarantee of future returns!)
In summary, KIIDs are designed to help you make an informed decision without digging through loads of small print.
Investing glossary
It's important you know
Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.
A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.