30th September 2019 Fund management company Fundsmith LLP has selected the Zeidler Group to produce Key Investor Information Documents (KIIDs) for its UCITS funds.
Fundsmith will benefit from Zeidler’s one-stop shop KIID solution, which includes financial calculations and monitoring, legal content and sign off, translation management, storage and dissemination.
Graeme Pollok, Head of Compliance at Fundsmith LLP says, “We were previously producing and managing our KIIDs in-house. With the increase in the number of country registrations, we decided to look for an outsourced solution to deal with the increased workload. Having assessed the marketplace, we felt that the Zeidler KIID offer was the most complete and appealing solution out there. We are already using a number of their modules on the online Zeidler Swift platform including the Global Knowledge Hub and this made the whole process even more seamless.”
Arne Zeidler, Founder and Managing Director at the Zeidler Group says, “We recently launched our KIID solution and are extremely pleased with the response from clients. Client feedback and frustrations with existing solutions led us to develop our own KIID solution. We make the whole process of producing and managing KIIDs as easy as possible for our clients and eliminate the need to coordinate with multiple service providers.”
Martin Jones, Head of Data Solutions at the Zeidler Group says, “We appreciate that producing a separate document for every share class in each language across a fund range can be an onerous task for fund managers. Many managers are turning to us for an all-in and cost-effective solution. We are really pleased to have Fundsmith onboard as one of our KIID clients.”
Zeidler continues: “The KIID generator is another addition to our “Super-App” for all the legal and compliance requirements that asset managers have.”
About Zeidler Group
The Zeidler Group is a technology-driven provider of legal and compliance services for the asset management industry with offices in London, Dublin, Frankfurt, Luxembourg and Mumbai. Zeidler can assist asset managers with the whole fund life cycle including setting up of investment funds, Global Fund Registrations in 45 jurisdictions, Distributor Due Diligence, KIID production and management and other ongoing fund distribution related legal and compliance matters.