Spot Rate

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

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

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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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Bond

Learn what a bond is
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Bull market

We explain what a 'bull market' means
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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