Global Investment Performance Standards (GIPS)

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

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

A situation in which one person's gain is another's loss.

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.

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

The amount of money generated by an asset during the time that it was held by an investor..

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

Investment funds that are often associated with riskier and shorter-term trading strategies.

Unique to the UK, these funds pool together money to invest from multiple investors.