Hedge Fund

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

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

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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Hedge Fund

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

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.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Securities

Bonds and stocks.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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.
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