Retail Prices Index (RPI)

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.

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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Diversification

An investment strategy in which money is put into a variety assets.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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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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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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