/

Investment Trust

Investment Trust

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

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

More terms

Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).

OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.

Diversification

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

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

Clean price

The quoted price of a gilt, which excludes accrued interest

52-week high/low

The highest, or lowest, price a share has traded at in a passing year.

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

W-8BEN Form

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

Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2026 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.