What is 'OEIC'? | Freetrade Dictionary

Unique to the UK, these funds pool together money to invest from multiple investors.

More terms

Yield to maturity

What is yield to maturity and why is it useful?

Yield

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

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

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.

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Alpha

The percentage by which an investor outperforms a relevant benchmark.

OEIC