Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

An exchange-traded fund that is comprised of a set of stocks.

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Income statement

A summary of a company's income and expenses over a set period of time.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Hedge Fund

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