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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Conventional gilts

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).
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Fundamentals

The data or information that is likely to impact a company's stock price.
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Exchange-Traded Fund (ETF)

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

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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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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OEIC

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

What's the maturity value of a bond?
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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