Lexicon
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Rating (of an issuer, a bond or a negotiable debt security)
Classification given by a ratings agency.
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RCCI
Responsable de la Conformité et du Contrôle Interne – Head of Internal Compliance and Control. Person who has passed an inspection process and is a card-carrying member of the French Financial Markets Authority. Responsible for files on internal compliance and control in small organisations. There are two RCCIs.
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Redemption
Redemption is the placing of an order to sell a UCITS with an authorised intermediary. The terms and conditions of redemption appear in the full prospectus.
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Risk budget
Budget that aims to determine sums to invest in each asset class with the goal of obtaining the best possible risk-return profile and that uses a model of value to risk in order to achieve this, by estimating the losses that may be sustained by a portfolio due to fluctuations in the market.
