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

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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Bull market

We explain what a 'bull market' means
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Profit and Loss Statement (P&L)

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

A US stock exchange specialising in the shares of technology companies.
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Custodian bank

Learn what a custodian bank is.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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