What is 'Key Information Document (KID)'?

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

More terms

Costs and Charges

The money you pay when investing.

Diversification

An investment strategy in which money is put into a variety assets.

Internal Rate of Return (IRR)

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

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.

Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

Bed & ISA

Understand what Bed and ISA is and how it works

Capital

Learn what financial capital means

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.

Yield curve

A graphical representation of interest rates over time

Key Information Document (KID)