"UCITS IV introduced a new point-of-sale consumer disclosure document..."
The WAY Group Newsletter for Financial Advisers | July 2012
The KIIDs are alright...
UCITS IV introduced a new point-of-sale consumer disclosure document to provide investors with clearer and more concise information to help their decision-making.
This document is called a Key Investor Information Document (KIID). The KIID is a simple pre-sale document giving key facts to investors in a clear and understandable manner, which will assist them in making an informed investment decision.
The KIID replaces the simplified prospectus for all UCITS funds. Our existing NURS funds will continue to utilise the simplified prospectus.
The FSA also requires us to disclose information regarding complaint handling procedures, compensation arrangements and cancellation rights to consumers, alongside the KIID in the form of a Supplementary Information Document (SID).
KIIDs & SID now available on our website
1. WAY branded funds:
- can be found at: http://www.waygroup.co.uk/downloads/plan-documents.aspx
2. UCITS Funds:
Elite Income Plan Cash Trust
WAY Global Blue Managed Portfolio
WAY Global Red Active Portfolio
- can be found at: http://www.waygroup.co.uk/downloads/plan-documents.aspx
– Ends –
How to contact us
For further information, or If you wish to discuss any matters arising from this article or, indeed, want to talk to us about any of WAY's products, then you are most welcome to call either Tony Lyons, IFA Support Manager, or Mark Benson TEP, Technical Manager , on head office telephone number: 01202 890895. Or, if you prefer, you can use the website: Contact Form to get in touch. We look forward to hearing from you.
The WAY Group Newsletter for Financial Advisers | July 2012
Please Note:
This document has been prepared for Financial Intermediary Clients and Professional Associates of WAY Investment Services Ltd and is not intended for and must not be distributed to Private Investors. This document does not constitute investment advice. Services referred to in this document may not be suitable for every investor and if in doubt independent financial advice should be sought. No representation or warranty is given (express or implied) as to the accuracy, completeness or correctness of the information nor the opinions, interpretations and conclusions contained in this document. No liability is accepted whatsoever for any loss howsoever arising from any information in this document subject to the rules of the Financial Services Authority or the Financial Services and Markets Act 2000. Past performance is not necessarily a guide to future returns and changes in rates of exchange between currencies may cause the value of investments to rise or fall. Share prices, values and income can go down as well as up and investors may get back less than their initial investment. WAY Investment Services Ltd is an Appointed Representative of WAY Fund Managers Ltd which is authorised and regulated by the Financial Services Authority.