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Retail Prices Index (RPI)

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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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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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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Rate of Return

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

A US stock exchange specialising in the shares of technology companies.
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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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Bed & ISA

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Clean price

The quoted price of a gilt, which excludes accrued interest
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Equity ETF

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