SGSS mandated by Hansainvest Lux S.A. in Luxembourg for the production of KIID

Societe Generale Securities Services has been appointed by Hansainvest Lux S.A. to produce its Key Investor Information Documents (KIID).

Hansainvest has chosen to adopt the whole range of the completely modular KIID services offered by SGSS, including:

• the creation of content, such as drafting the investment policy in plain language,
• the calculation of the different indicators, such as the risk indicator, the presentation of past performance or calculating management fees,
• the compilation of the KIIDs: the documents are prepared by experienced teams involving asset servicing, legal, graphics, translation, quality control and distribution, via a strong technical platform capable of handling substantial volumes.

This service offering allows asset managers to respond to the UCITS IV directive and its applicative texts which require the replacement of the Simplified Prospectus by the KIID on 1st July 2011. This document, written in the language of the country of sale, allows investors to obtain standardised and summarised information about the main characteristics of UCITS funds.

Hansainvest Lux S.A. is a subsidiary of Signal Iduna Group. It is one of the oldest investment firms in Germany, with a track record of over 40 years and it manages assets of around EUR 10 billion in over 100 public and 40 special funds.