Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.

A way of calculating compound returns on an investment or savings over a set period of time.

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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Float

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
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