That was great, Lara! For all those who found 45 seconds a bit short, here is the detailed explanation about the factsheet, the KIID and the Annual or Interim Report again:
Investors who have fund units can find detailed information about their fund in the following three documents:
- Factsheet: the factsheet provides an overview of funds. They summarize the key characteristics of the fund, such as volume, past performance, risk, investment strategy, largest positions, financial key figures etc.
- Key investor information document (KIID): the KIID is a mandatory publication that exists for every fund. It gives details of risks, costs and investment targets.
- Interim/Annual Report: these contain a list of positions, costs, and the change in positions in your fund as a percentage.
Do you want to find out more about how to assess the quality of a fund? You can find more information in the article “How can I assess the quality of a fund?”.