Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

More terms

Equity ETF

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

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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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Costs and Charges

The money you pay when investing.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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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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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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