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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Volatility

A measure of how much the prices of an asset or index vary over time.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Running yield

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

A US stock exchange specialising in the shares of technology companies.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Professional Client

An investor that is able to meet several regulatory criteria.
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