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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Volatility

A measure of how much the prices of an asset or index vary over time.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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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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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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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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Bond

Learn what a bond is
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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