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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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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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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Yield curve

A graphical representation of interest rates over time
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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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Professional Client

An investor that is able to meet several regulatory criteria.
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Gilt

What is a gilt?
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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