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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.

More terms

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.

Zero-Sum Game

A situation in which one person's gain is another's loss.

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

Fundamentals

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

Forward pricing

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

OEIC

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

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

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