Costs and Charges

The money you pay when investing.

The money you pay when investing.

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Volatility

A measure of how much the prices of an asset or index vary over time.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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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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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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