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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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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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Yield curve

A graphical representation of interest rates over time
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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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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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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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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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LSE

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

We explain what a 'bull market' means
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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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