Gross Margin

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

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

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Unit Trusts

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

Profit on an investment, expressed as a percentage of the investment.
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Year to Date (YTD)

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

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

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

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

An investor that is able to meet several regulatory criteria.
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index-linked gilts

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.
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