New York, USA (RFP Connect): The unexampled EU UCITS IV regulation requires a Key Investor Information Document (KIID) for all UCITS funds. KIIDs mark an unexampled departure in the fund industry because they have to be little and easygoing to read with a pre-defined format consisting performance data, two graphs and a risk profile. They must likewise be updated regularly, be rendered into at least one prescribed language of all the countries where they are lotted, and have a data audit trail. All this is a major challenge for fund houses. For more information, delight visit:rfpconnect.com/news/2011/3/23/the-kiids-are-alright-with-ucits-iv-fiscal-translation-services-from-cls-communication
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