What is an 'investment trust'? Definition & meaning

More terms

NASDAQ

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

Volatility

A measure of how much the prices of an asset or index vary over time.

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

Clean price

The quoted price of a gilt, which excludes accrued interest

Maturity value

What's the maturity value of a bond?

Rate of Return

Profit on an investment, expressed as a percentage of the investment.

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

Zero-Sum Game

A situation in which one person's gain is another's loss.

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Investment Trust