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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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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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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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Income statement

A summary of a company's income and expenses over a set period of time.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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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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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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