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.

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Junk Bond

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

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Equity ETF

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

Profit on an investment, expressed as a percentage of the investment.
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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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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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LSE

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

Learn what's a collective investment scheme
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