What is '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.

More terms

Volatility

A measure of how much the prices of an asset or index vary over time.

Bull market

We explain what a 'bull market' means

Annualised Rate of Return

The average annual return an investor sees over a set period of time.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Interest Rate

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

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.

Account balance

The amount of money a user has stored in a financial repository.

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.

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

Packaged Retail and Insurance-based Investment Product (PRIIP)