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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Investment Trust
A company that pools money together from multiple investors and then invests it.
A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.