Time-Weighted Rate of Return (TWRR)

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

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.

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.

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

A company that pools money together from multiple investors and then invests it.

Learn what a limit order is and how to use it to make the most of your portfolio.

A situation in which one person's gain is another's loss.