Hedge Fund

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

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

A set of standards which investors use to present their investment results.

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

The value of a company's assets relative to the number of shares it has.

A means of calculating the potential future return on an investment.

A tax deduction made at the source of the payment.

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