Exchange-Traded Fund (ETF)

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

We look at what is a depository and what role they play in keeping markets work.

An investor that is able to meet several regulatory criteria.

A way of calculating compound returns on an investment or savings over a set period of time.

We explain what a 'bull market' means

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

A method of trading using borrowed money that usually involves a very high level of risk.

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.

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.