Translate Investment Jargon from a Fund Prospectus or Factsheet

Fund prospectuses are written in a language designed to satisfy regulators rather than to be read by the investor who has to decide. This translates the jargon into plain English, identifies what each term says about the fund's risk and return profile, highlights the two most important pieces of information for a retail investor, and flags the one question the document leaves unanswered.

Translate the investment jargon in the document below into plain language a non-investor can act on.

For each term or phrase identified:
1. What it means in plain English (one sentence)
2. What it tells the investor about the risk or return profile of this fund
3. Whether it is a feature worth comparing across other funds or a standard term that appears everywhere

End with:
- The two most important pieces of information in the document for a retail investor deciding whether to invest
- The one question the document does not answer that the investor should find out before deciding

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