Key information document

A key information document summarizes the main characteristics, risks, costs, expected performance and investor profile of a financial instrument in a standardized form. In Switzerland, the Financial Services Act uses the concept of a basic information sheet for certain financial instruments offered to private clients. Its purpose is comparability and informed decision-making, not a guarantee of investment success. Providers and distributors must ensure that the document is available in good time and is consistent with the product’s legal documentation.