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

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.

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.

Securities

Bonds and stocks.

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

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).

Running yield

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

Oligopoly

A situation in which a market or industry is controlled by a small group of companies.

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Key Information Document (KID)