Exchange-Traded Fund (ETF)

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

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

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Conditional dealing

Trading in new shares before they’re officially admitted to the exchange, on the condition that admission goes ahead.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.
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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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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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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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Hedge Fund

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