ESMA has published a set of FAQs on the Key Investor Information Document (KIID) required under the UCITS Directives. The questions relate to:
- KIIDs for UCITS that are in liquidation or no longer marketed to the public;
- communication of KIIDs to investors;
- treatment of UCITS with share or unit classes;
- past performance;
- clear language; and
- identification of the UCITS.
(Source: ESMA Publishes KIID FAQs)