Module 5 of 12 · 14 min

The offer document, decoded

SID and KIM without the legalese. Everything here is free. Work through the lessons in order, or jump to the one you need.

What you will cover

1. 1 SID, KIM and SAI The three scheme documents, what each contains, how the KIM ties to the form, and how they are kept up to date with addenda. ⏱ 6 min · 4 practice Q →
2. 2 What to read inside the SID The four things to check in a scheme document before you commit. ⏱ 5 min · 4 practice Q →
3. 3 The costs, and direct vs regular What the expense ratio is, why it matters, and how direct plans cost less. ⏱ 6 min · 4 practice Q →
4. 4 Fundamental attributes and your exit righttrickiest What counts as a scheme's fundamental attributes, and the investor's right to exit without a load when they change. ⏱ 6 min · 4 practice Q →
5. 5 What a scheme must disclose The disclosures a fund must keep making, daily NAV and TER, the risk-o-meter, the portfolio, and periodic results, so an investor is never in the dark. ⏱ 6 min · 4 practice Q →