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)