Running yield

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

More terms

Base rate

What's the base rate?
Read more

Yield to maturity (YTM)

What is yield to maturity and why is it useful?
Read more

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
Read more

Zero coupon bonds

What is a zero coupon bond?
Read more

NYSE

The world's largest stock exchange. Wall St HQ.
Read more

Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
Read more

Money weighted rate of return

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

Stock Exchange

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

S&P 500

Find out what is the definition of the S&P 500 index.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk