Glossary of wealth management terms

Confused about financial jargon? Use our jargon buster to get a plain explanation of industry terms.


 A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Annual Management Charge (AMC)
An amount charged each year (usually expressed as a percentage of the value of the investment) to cover running costs of a policy. An AMC can also be charged by a fund manager to cover the running costs of the fund.

Asset Allocation
Investment strategy that aims to balance risk and reward by apportioning a portfolio’s assets according to an individual’s goals, risk tolerance and investment horizon.

Investments which include: property; bank /cash deposits, structured products, company shares (equities); funds (unit trusts, investment trusts) and can be held within a policy or bond.

AutoCallable products
These belong to the category of capital guaranteed products. These are short-term market-linked investments which can automatically mature prior to their scheduled maturity date of the market conditions are favorable.

Automatic Exchange of Information (AEOI)
is the exchange of information between countries without having to request it, reducing the possibility for tax evasion.

Automatic Reinvestment
An arrangement under which an institution automatically deposits dividends or capital gains generated by an individual’s investment back into the investment to purchase additional shares.