Global Investment Performance Standards (GIPS)

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

An investment strategy in which money is put into a variety assets.

The quoted price of a gilt, which excludes accrued interest

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Learn what a custodian bank is.

A tax deduction made at the source of the payment.

Find our what a SPAc or special purpose acquisition company is.

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

The average annual return an investor sees over a set period of time.