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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Capital

Learn what financial capital means
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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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Custodian bank

Learn what a custodian bank is.
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Yield

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

Unique to the UK, these funds pool together money to invest from multiple investors.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Compound interest

Understand what compound interest means and how it's calculated
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S&P 500

Find out what is the definition of the S&P 500 index.
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Yield curve

A graphical representation of interest rates over time
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