UK Key Information Document (KID)
3i Investments plc (“3i Investments”, or the “Investment Manager”) produces a UK Key Information Document (“KID”) setting out certain information regarding 3i Infrastructure plc’s ordinary shares. 3i Investments was previously required to produce and publish a KID under the UK version of Regulation (EU) 1286/2014 of the European Parliament and the Council on key information documents for packaged retail and insurance-based investment products (PRIIPs) (the “Regulation”). Under the Packaged Retail and Insurance-based Investment Products (Retail Disclosure) (Amendment) Regulations 2024, closed-ended listed investment companies such as 3i Infrastructure plc (the “Company”) are no longer required to follow the requirements of the Regulation, including the requirement to produce a KID.
Although a KID is no longer required for the Company’s ordinary shares, a KID is continued to be made available to aid consumer understanding. However, the cost disclosures in the KID have been amended to recognise that no additional cost to the investor is charged by the Company. The fact that the Company has operating expenses is recognised in the KID by including the most recent Ongoing Charges Figure (“OCF”). This is a measure of the annual recurring operating costs of the Company, expressed as a percentage of average net asset value over the reporting period and provides an indication of the underlying day‐to‐day running costs of the Company, based on certain assumptions.
Shares in the Company are suitable only for investors that are capable of evaluating the merits and risks of such an investment, who understand the potential risk of capital loss, for whom an investment in the Company constitutes part of a diversified investment portfolio, who fully understand and are willing to assume the risks involved in investing in the Company, who understand the limitations of the determination of the Summary Risk Indicator and who have sufficient resources to be able to bear losses (which may equal the whole amount invested) that could result from such an investment in the Company’s shares. Past performance is not a guide to future performance.