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Packaged Retail and Insurance-based Investment Product (PRIIP)

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

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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Volatility

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

A trading venue operated by the Frankfurt Stock Exchange.
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Compound interest

Understand what compound interest means and how it's calculated
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Ponzi Scheme

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

An investment strategy in which money is put into a variety assets.
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