Costs and Charges

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

A situation in which a market or industry is controlled by a small group of companies.

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

A street in New York that became a figure of speech for the financial markets of the US.

Understand what compound interest means and how it's calculated

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

A summary of a company's income and expenses over a set period of time.

The famous greenback our friends in the US use as currency.

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.