News release

Date: 28th October 2011

Webinar: KIID, the new fund document: cost or opportunity?

CLS Communication is pleased to invite you to take part in a webinar "KIID – what you need to know”

October 28th 2011 - Under UCITS IV, Key Investor Information Documents (KIIDs) have replaced simplified prospectuses. CLS Communication is organizing a webinar on this subject.

The content, language and format of KIIDs have to comply with certain rules such as plain, jargon-free language; a separate KIID for every sub-fund and investment class; a maximum of two pages, regularly updated; two charts with specific content; and in at least one of the official languages of the distributing countries.

This sounds simple, but it's not. Initial experience has shown that the fund industry has significantly underestimated the difficulties involved.

CLS Communication is therefore pleased to invite you to take part in a webinar "KIID – what you need to know”. The webinar is free of charge and will be held in English and in German.

The German webinar will take place on Thursday, 3 November 2011, from 12 to 1 p.m CET. Speakers are Daniel Funk (Senior Financial Copywriter) and Reto Schlegel (Business Development Manager), CLS Communication Switzerland.
Register for the German webinar at: http://www.cls-communication.com/de/webinar


The English webinar will take place on Thursday, 10 November 2011, from 12 to 1 p.m CET. Speakers are Katrina Austin (Team Leader Language Operations, CLS Communication UK) and Reto Schlegel (Business Development Manager, CLS Communication Switzerland).
Register for the English webinar at: http://www.cls-communication.com/en/webinar

About CLS Communication
CLS Communication ( http://www.cls-communication.com ) is a globally active provider of professional language services to clients in the banking, finance, insurance, telecommunications, life science and legal sectors. We have around 600 in-house and 2,400 external language experts and we use advanced technology. Thanks to this international network, CLS offers its clients a round-the-clock writing, editing and translating service.

Press Contact
CLS Communication AG
Daniel Funk
Saegereistr. 33
CH-8152 Glattbrugg-Zurich
Tel. +41 44 206 68 68
pressrelations[at]cls-communication[dot]com

http://www.cls-communication.com

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