Hedge Fund

Learn what's a collective investment scheme

A document issued by an investment fund to help investors determine if it's the right fund for them.

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.

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

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

A listed company run by a fund manager, investing mainly in private companies.e.

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

What is a gilt?

Bonds and stocks.