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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Total Return

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

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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