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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Collective investment scheme

Learn what's a collective investment scheme
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Yield

Income from an investment as a percentage of its current price.
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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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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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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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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After-hours trading

Trading outside of a stock exchange's opening hours.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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