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.

More terms

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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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Yield curve

A graphical representation of interest rates over time
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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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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Ponzi Scheme

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

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Equity ETF

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