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OEIC

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.

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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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LSE

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

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

We look at what earnings per share mean and how to calculate it
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Account balance

The amount of money a user has stored in a financial repository.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Conventional gilts

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).
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Bull market

We explain what a 'bull market' means
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