Costs and Charges

The money you pay when investing.

The money you pay when investing.

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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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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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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Accounting standards

The rules a company follows when preparing financial statements.
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Spot Rate

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

An investor that is able to meet several regulatory criteria.
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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.
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