Purpose of the KID
The KID is a standardised document which is used to inform non-professional clients on characteristics such as the risks, costs and potential returns of the product. The KID describes the product on a standalone basis.
Rabobank offers derivatives to non-professional clients only for the purpose of hedging. When being used as a hedge, the impact of the derivative is described in the relevant product description. Rabobank recommends that the client reads the KID in conjunction with the product description, before concluding a transaction with Rabobank.
Information in the KID is subject to change. Rabobank reviews this on a regular basis to ensure the content is up-to-date. Rabobank recommends that the client reads the latest version of the relevant KID before entering into a transaction with Rabobank.