AIC urges action from FCA as KIDs research suggests 'nonsense' risk results when comparing sister funds

Closed-ended vehicles considered less risky

Jayna Rana
clock • 3 min read

Research released by the Association of Investment Companies (AIC) comparing investment trust Key Information Documents (KIDs) to open-ended Key Investor Information Documents (KIIDs) suggests OEICs are the riskier product, which chief executive Ian Sayers argued is "nonsense".

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