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

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.

Beta

Learn what Beta stands for in finance.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

SPAC

Find our what a SPAc or special purpose acquisition company is.

Running yield

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

ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.

Key Information Document (KID)