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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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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Total Return

This is the measurement of a fund’s performance in a specific period.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Base rate

What's the base rate?
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NYSE

The world's largest stock exchange. Wall St HQ.
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Maturity value

What's the maturity value of a bond?
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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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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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