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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Stock Market

A place where shares of publicly listed companies are traded.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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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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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Volatility

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

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Yield

Income from an investment as a percentage of its current price.
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Bookbuilding

How banks work out what investors will pay for shares before an IPO, one order at a time.
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