Dictionary
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Dirty price

Dirty price

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

More terms

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Collective investment scheme

Learn what's a collective investment scheme
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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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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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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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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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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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