Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Zero coupon bonds

What is a zero coupon bond?
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Bull market

We explain what a 'bull market' means
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