What are 'Global Investment Performance Standards (GIPS)'? Definition & meaning

More terms

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Junk Bond

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

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

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.

Collective investment scheme

Learn what's a collective investment scheme

Clean price

The quoted price of a gilt, which excludes accrued interest

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Global Investment Performance Standards (GIPS)