Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

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Base rate

What's the base rate?
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Diversification

An investment strategy in which money is put into a variety assets.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Fundamentals

The data or information that is likely to impact a company's stock price.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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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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