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Conventional gilts

Conventional gilt

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 funds that are often associated with riskier and shorter-term trading strategies.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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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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Running yield

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

A measure of how much the prices of an asset or index vary over time.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Yield curve

A graphical representation of interest rates over time
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SPAC

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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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