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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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Gilt

What is a gilt?
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Beta

Learn what Beta stands for in finance.
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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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Custodian bank

Learn what a custodian bank is.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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