What is 'Conventional gilts'? | Freetrade Dictionary

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

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Alpha

The percentage by which an investor outperforms a relevant benchmark.

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.

ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Spot Rate

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

Net asset value

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

Withholding Tax

A tax deduction made at the source of the payment.

Conventional gilts