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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.

More terms

Interest Rate

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

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

Earnings per share

We look at what earnings per share mean and how to calculate it

NASDAQ

A US stock exchange specialising in the shares of technology companies.

Fundamentals

The data or information that is likely to impact a company's stock price.

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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