Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.

A document issued by an investment fund to help investors determine if it's the right fund for them.

More terms

Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Zero coupon bonds

What is a zero coupon bond?
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Conditional dealing

Trading in new shares before they’re officially admitted to the exchange, on the condition that admission goes ahead.
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Costs and Charges

The money you pay when investing.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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