NYSE

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

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

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

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).

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

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

A document issued by an investment fund to help investors determine if it's the right fund for them.

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.