Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

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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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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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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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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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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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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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