Here you’ll find definitions of terms used on the AIC site. Enter the term you want to search for in the box, or click on the letter it begins with.

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

The lowest and highest levels of gearing an investment company has had over the past 3 years.

See gearing.

This is defined in the AIFM Directive as “the Member State in which the AIFM has its registered office”.  The definition also states that for non-EU AIFMs, all references to ‘home Member State of the AIFM’ shall be read as the ‘Member State of reference’.