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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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Clean price

The quoted price of a gilt, which excludes accrued interest
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Synthetic ETFs

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

A method of moving money obtained illicitly through the financial system so it can be used legally.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Investment Trust

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

The money you pay when investing.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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