Ponzi Scheme

The amount of money generated by an asset during the time that it was held by an investor..

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

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.

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

A measure of how much the prices of an asset or index vary over time.

A period of time that starts with the first day of the current calendar year and ends with today.

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.

A trading venue operated by the Frankfurt Stock Exchange.

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.