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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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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Diversification

An investment strategy in which money is put into a variety assets.
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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Bond

Learn what a bond is
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Custodian bank

Learn what a custodian bank is.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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