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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.

More terms

American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.

Professional Client

An investor that is able to meet several regulatory criteria.

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

Hedge Fund

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

Geometric Mean Return

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

Securities

Bonds and stocks.

Collective investment scheme

Learn what's a collective investment scheme

Investment Return

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

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