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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).

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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Value Investing

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

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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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