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

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
Read more

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
Read more

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
Read more

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
Read more

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
Read more

Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
Read more

Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
Read more

Income statement

A summary of a company's income and expenses over a set period of time.
Read more

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk