/

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

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Compound interest

Understand what compound interest means and how it's calculated

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

UK Treasury bill

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

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

52-week high/low

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

American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

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).

© 2025 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.