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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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