Time Value of Money

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

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

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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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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Accounting standards

The rules a company follows when preparing financial statements.
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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.
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Yield curve

A graphical representation of interest rates over time
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