Dictionary
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Key Information Document (KID)

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

Stock Market

A place where shares of publicly listed companies are traded.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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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.
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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.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Withholding Tax

A tax deduction made at the source of the payment.
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