Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

A means of calculating the potential future return on an investment.

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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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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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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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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Compound interest

Understand what compound interest means and how it's calculated
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Collective investment scheme

Learn what's a collective investment scheme
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