http://www.legislation.gov.uk/eur/2010/583/chapter/IICommission Regulation (EU) No 583/2010 of 1 July 2010 implementing Directive 2009/65/EC of the European Parliament and of the Council as regards key investor information and conditions to be met when providing key investor information or the prospectus in a durable medium other than paper or by means of a website (Text with EEA relevance)Commission Regulation (EU) No 583/2010Commission Regulation (EU) No 583/2010 of 1 July 2010 implementing Directive 2009/65/EC of the European Parliament and of the Council as regards key investor information and conditions to be met when providing key investor information or the prospectus in a durable medium other than paper or by means of a website (Text with EEA relevance)King's Printer of Acts of Parliamenthttps://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32010R0583texttext/xmlen2024-10-08Expert Participation2023-07-11 CHAPTER IIFORM AND PRESENTATION OF KEY INVESTOR INFORMATIONSECTION 1Title of document, order of contents and headings of sectionsTitle and content of documentArticle 41The content of the key investor information document shall be presented in the order as set out in paragraphs 2 to 13.2The title ‘Key investor information’ shall appear prominently at the top of the first page of the key investor information document.3An explanatory statement shall appear directly underneath the title. It shall read:‘This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest’.4The identification of the UK UCITS, including the share class or investment compartment thereof, shall be stated prominently. In the case of an investment compartment or share class, the name of the UK UCITS shall follow the compartment or share class name. Where a code number identifying the UK UCITS, investment compartment or share class exists, it shall form part of the identification of the UK UCITS.5The name of the management company shall be stated.6In addition, in cases where the management company forms part of a group of companies for legal, administrative or marketing purposes, the name of that group may be stated. Corporate branding may be included provided it does not hinder an investor in understanding the key elements of the investment or diminish his ability to compare investment products.7The section of the key investor information document entitled ‘Objectives and investment policy’ shall contain the information set out in Section 1 of Chapter III of this Regulation.8The section of the key investor information document entitled ‘Risk and reward profile’ shall contain the information set out in Section 2 of Chapter III of this Regulation.9The section of the key investor information document entitled ‘Charges’ shall contain the information set out in Section 3 of Chapter III of this Regulation.10The section of the key investor information document entitled ‘Past performance’ shall contain the information set out in Section 4 of Chapter III of this Regulation.11The section of the key investor information document entitled ‘Practical information’ shall contain the information set out in Section 5 of Chapter III of this Regulation.12Authorisation details shall consist of the following statement:‘This fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority.In cases where the UK UCITS is managed by a management company that is a qualifying EEA firm for the purposes of regulation 73 of the Collective Investment Schemes (EU Exit) (Amendment etc.) Regulations 2019, an additional statement shall be included:‘[Name of management company] is authorised in [name of Member State] and regulated by [identity of competent authority]’.13Information on publication shall consist of the following statement:‘This key investor information is accurate as at [the date of publication]’.SECTION 2Language, length and presentationPresentation and languageArticle 51A key investor information document shall be:apresented and laid out in a way that is easy to read, using characters of readable size;bclearly expressed and written in language that communicates in a way that facilitates the investor's understanding of the information being communicated, in particular where:the language used is clear, succinct and comprehensible;the use of jargon is avoided;technical terms are avoided when everyday words can be used instead;cfocused on the key information that investors need.2Where colours are used, they shall not diminish the comprehensibility of the information in the event that the key investor information document is printed or photocopied in black and white.3Where the design of the corporate branding of the management company or the group to which it belongs is used, it shall not distract the investor or obscure the text.LengthArticle 6The key investor information document shall not exceed two pages of A4-sized paper when printed.Words in Regulation substituted (31.12.2020) by The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/325), regs. 1(2), 59(2) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)Words in Art. 4(12) substituted (31.12.2020) by The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/325), regs. 1(2), 59(6)(a) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)Words in Art. 4(12) substituted (31.12.2020) by The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/325), regs. 1(2), 59(6)(b) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)