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Conventional gilts

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

More terms

Total Return

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

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Base rate

What's the base rate?

Holding Period Return

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

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Stock Market

A place where shares of publicly listed companies are traded.

After-hours trading

Trading outside of a stock exchange's opening hours.

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.

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