Canon 18-55mm f3.5-5.6 IS is an Auto Focus (AF) Standard Zoom lens with APS-C / DX max sensor coverage. When mounted on a APS-C / DX sensor camera, it will give you an FF equivalent focal range of 27 - 82.5mm. With a max aperture of f3.5 at 18mm, we can not consider this lens fast on wide end and neither at tele end with its f5.6.
This lens features on optical image stabilization which helps capturing sharper images at lower shutter speeds. Canon 18-55mm f3.5-5.6 IS is not a weather sealed lens, so you have to be extra careful against rain and dust. Canon 18-55mm f3.5-5.6 IS was replaced with Canon EF-S 18-55mm f3.5-5.6 IS II. Follow the link to read our comparison of these cameras: Compare Canon EF-S 18-55mm f3.5-5.6 IS vs Canon EF-S 18-55mm f3.5-5.6 IS II