Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

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Custodian bank

Learn what a custodian bank is.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Income statement

A summary of a company's income and expenses over a set period of time.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Base rate

What's the base rate?
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Professional Client

An investor that is able to meet several regulatory criteria.
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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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