What is the 'Key Information Document (KID)'? Definition & meaning

More terms

Volatility

A measure of how much the prices of an asset or index vary over time.

Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

NYSE

The world's largest stock exchange. Wall St HQ.

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

Key Information Document (KID)