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Exchange-Traded Fund (ETF)

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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Bull market

We explain what a 'bull market' means
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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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Securities

Bonds and stocks.
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Beta

Learn what Beta stands for in finance.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Withholding Tax

A tax deduction made at the source of the payment.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Net asset value

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