Income statement

A summary of a company's income and expenses over a set period of time.

A summary of a company's income and expenses over a set period of time.

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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Junk Bond

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

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

An investment strategy in which money is put into a variety assets.
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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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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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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Base rate

What's the base rate?
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