Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..

The amount of money generated by an asset during the time that it was held by an investor..

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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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NYSE

The world's largest stock exchange. Wall St HQ.
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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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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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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Geometric Mean Return

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

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