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Thematic investing is an investment strategy that focuses on specific themes or trends, such as technological innovations, sustainability, demographic changes, healthcare, or renewable energy. This strategy involves investing in companies and sectors that align with the chosen theme or trend and have the potential to benefit from its long-term growth and development. Thematic investments allow investors to express their belief in the future development of a particular market or sector and are suitable for those seeking targeted opportunities outside of traditional diversified portfolios.

The risk/reward ratio evaluates the balance between the expected return and the risk of an investment. It indicates the level of risk that needs to be taken in order to achieve certain returns. Using this ratio, investors compare investment opportunities and select those that best align with their goals and risk tolerance.

UCITS (Undertakings for Collective Investment in Transferable Securities) is a regulatory framework of the European Union for investment funds, which allows them to be sold across the EU based on a unified set of rules. UCITS funds are designed to provide a high level of investor protection, including requirements for diversification, liquidity, and transparency. Due to this regulation, UCITS funds are popular among investors. They offer relative safety, are strictly regulated, and are easily accessible on international markets.

Underwriting is the process in which an investor or investment firm agrees to purchase newly issued securities, such as stocks or bonds, during their initial public offering (IPO) or other forms of issuance. Underwriting involves a commitment to provide capital to the issuer in exchange for securities. In the case of a public securities offering, underwriting is often carried out by investment banks or financial intermediaries, who then offer the securities to the public or institutional investors. The underwriting process allows the issuer to raise the necessary capital for their business or investment plans.

Valuation multiple is a financial indicator used to assess the value of a company or its shares based on certain economic parameters. This multiple is calculated as the ratio between the value of the company (or its shares) and a selected financial metric, such as earnings, revenue, or equity. For example, the P/E ratio (price-to-earnings ratio) compares the market price of a share with its earnings per share, while the P/B ratio (price-to-book ratio) compares the market price of a share with its book value. Valuation multiples help investors assess whether a company is overvalued or undervalued in relation to its financial performance and market standards.