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.

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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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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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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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Bond

Learn what a bond is
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Yield

Income from an investment as a percentage of its current price.
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Margin call

Learn what a margin call stands for in financial terms.
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Capital

Learn what financial capital means
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