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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NYSE

The world's largest stock exchange. Wall St HQ.
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Investment Trust

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

We explain what a 'bull market' means
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Accounting standards

The rules a company follows when preparing financial statements.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Collective investment scheme

Learn what's a collective investment scheme
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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