Financial dictionary

Term	Definition
TER	The total expense ratio (TER) is an indicator that expresses the total costs associated with the management and operation of an investment fund, as a percentage of its average annual assets. It includes management fees, administrative costs, distribution fees, and other operating expenses. TER helps investors understand how much they will pay for holding a share in the fund and affects the net return on the investment. A lower TER indicates a more efficient fund, while a higher TER may reduce the overall return for the investor.
Thematic investing	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	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.

TER
Thematic investing
The risk/reward

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.