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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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Withholding Tax

A tax deduction made at the source of the payment.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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