Access our Fund Centre for prices, performance, factsheets and fund manager documents such as Key Investor Information Documents (KIIDs).
ARE THE FUNDS COMPATIBLE WITH YOUR CLIENTS’ NEEDS?
Under the MIFID II regulations, new ‘target market’ requirements apply to both manufacturers (fund managers and platforms) and distributors (advisers).These are to ensure that both products and funds chosen are compatible with the needs, characteristics and objectives of their intended investor.
To support you when making client recommendations, you can access fund target market information in the Fund Centre to see what type of investor a fund is intended for. If you need costs and charges information as part of a switch you can download our MiFID II fund information tool that allows you to compare the costs and charges of your clients’ old and new investments.
KEY INFORMATION DOCUMENTS (KIDs)
Key Information Documents (KIDs) are being introduced from January 2018. The new fund KIDs are very similar to the existing Key Investor Information Documents (KIIDs), but go further in providing investors with information to better understand and compare the key features, risks, rewards, and costs of different investments. Both documents present similar information, but are based on two different pieces of European legislation.
If the fund manager has provided a KIID prior to 1 January 2018 they can continue to do so until January 2022. KIDs will eventually replace all KIIDs by January 2022, but until this time you can continue to give your client a KIID if a KID is not available.
OTHER PERFORMANCE AND CHARGES INFORMATION
Latest fund performance statistics and growth rates in PDF format:
Fund charges (incl. AMC and TER), objectives, and other important information in pdf format for platform funds:
RESTRICTED FUND RANGE FOR NON-ADVISED TRANSACTIONS
If you are carrying out ‘execution only’ transactions for a client, the range of funds available to them is limited to funds that are not classed as ‘complex’.
This is because the FCA requires that, where such funds are involved, an ‘appropriateness test’ must be carried out by the financial adviser to confirm their suitability. View the funds lists above to find out which funds are available to ‘execution only’ clients.