What is '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.

More terms

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

After-hours trading

Trading outside of a stock exchange's opening hours.

Gilt

What is a gilt?

Holding Period Return

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

Volatility

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

Annualised Rate of Return

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

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.

Base rate

What's the base rate?

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When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).