Global Investment Performance Standards (GIPS)

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

A measure of how much the prices of an asset or index vary over time.

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

What is a zero coupon bond?

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

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).

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.