Oligopoly

A situation in which a market or industry is controlled by a small group of companies.

A situation in which a market or industry is controlled by a small group of companies.

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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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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Bull market

We explain what a 'bull market' means
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Yield

Income from an investment as a percentage of its current price.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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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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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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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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