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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.

More terms

Alpha

The percentage by which an investor outperforms a relevant benchmark.

Yield to maturity (YTM)

What is yield to maturity and why is it useful?

Limit order

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

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

Net Income (NI)

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

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Total Return

This is the measurement of a fund’s performance in a specific period.

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

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