GLOSSARY

Input tax credits

These are tax credits that can be claimed on the tax paid on the inputs of the product.

Income generation

Income generation refers to the level of income that a particular security produces.

Income growth

Income growth refers to the growth in income of a particular security over a particular period. For example, it can provide a picture of the rate at which companies have grown their profits.

IDPS Investment

Investor Directed Portfolio Services (IDPS) are custodial, transactional and consolidated reporting services, which are often referred to as master funds, master trusts or wrap services.