Running yield

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

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Running yield

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

The money you pay when investing.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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