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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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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NYSE

The world's largest stock exchange. Wall St HQ.
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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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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Quantitative easing

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

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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