Dictionary
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Coupon

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Withholding Tax

A tax deduction made at the source of the payment.
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Professional Client

An investor that is able to meet several regulatory criteria.
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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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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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