Key Information Document (KID)

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

A tax deduction made at the source of the payment.

What is a gilt?

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.

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

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

An investment that provides a fixed rate of return, often over a specific set of time.