Financial jargon explained

Here you’ll find a simple explanation of some of the most commonly used investment terms. If there is any other financial jargon you want translated, please call our Customer Service Team free on 0800 597 2525 or email us at enquiries@willisowen.co.uk and they will be pleased to help.

     


K

Key Features

The Financial Conduct Authority, the UK financial services regulator, requires firms to give you detailed information about a product before you buy it. The key features document gives you key information to help you decide whether or not to take out a particular investment product.

Key Investor Information Document

Mandatory document that provides key information and facts about UCITS Funds to help you assess if it meets your needs.

The KIID is a standardised document that all UCITS Funds will have to provide to investors before or at the point when they purchase such a Fund.

It replaces the ‘Simplified Prospectus’ for UCITS Funds.