Costs and Charges

The money you pay when investing.

The money you pay when investing.

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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Net asset value

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

Learn what a limit order is and how to use it to make the most of your portfolio.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Maturity value

What's the maturity value of a bond?
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Hedge Fund

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

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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