OEIC

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

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

More terms

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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52-week high/low

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

Learn what a custodian bank is.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Fundamentals

The data or information that is likely to impact a company's stock price.
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UK Treasury bill

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

The quoted price of a gilt, which excludes accrued interest
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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