Definitions for "Key Features Document"
Keywords:  kfd, tep, explain, aim, commitment
Provides general information to explain how a product works. It lets you know what it is designed to achieve, what the risks involved are and what your commitments are. It also answers a series of frequently asked questions.
This document must be offered to an investor before purchase. It includes key information about the fund including charges, level of risk involved, what the fund aims to deliver etc.
Your Insurance Company commonly provides a Key Features Document (KFD). It is now seen as an essential piece of literature. The KFD will give you a guide to the main points of your plan. The common areas are categorised as follows.. Its Aim Your Commitment Risk Factors The KFD is an important document & you should ensure that it is kept safely, perhaps with your policy documents.