Running yield

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

More terms

Alpha

The percentage by which an investor outperforms a relevant benchmark.
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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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Earnings per share

We look at what earnings per share mean and how to calculate it
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Account balance

The amount of money a user has stored in a financial repository.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Arithmetic Mean

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

Unique to the UK, these funds pool together money to invest from multiple investors.
Read more

Zero-Sum Game

A situation in which one person's gain is another's loss.
Read more
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Accounts include

  • General investment account

  • Stocks and shares ISA

    New
Benefits include

  • Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more

  • FX fee of 0.99% on non-GBP trades

  • 1% AER on up to £1k uninvested cash

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Accounts include

  • General investment account

  • Stocks and shares ISA

Benefits include

  • Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more

  • FX fee of 0.59% on non-GBP trades

  • 3% AER on up to £2k uninvested cash

  • Mutual funds

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billed monthly
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Accounts include

  • General investment account

  • Stocks and shares ISA

  • Personal pension (SIPP)

Benefits include

  • Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more

  • FX fee of 0.39% on non-GBP trades

  • 5% AER on up to £3k uninvested cash

  • Mutual funds

    New
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