Clean price

The quoted price of a gilt, which excludes accrued interest

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Gilt

What is a gilt?
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Collective investment scheme

Learn what's a collective investment scheme
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Zero coupon bonds

What is a zero coupon bond?
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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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Global Investment Performance Standards (GIPS)

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