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Time-Weighted Rate of Return (TWRR)

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.

More terms

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Maturity value

What's the maturity value of a bond?

Compound interest

Understand what compound interest means and how it's calculated

Dirty price

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

Yield to maturity

What is yield to maturity and why is it useful?

Costs and Charges

The money you pay when investing.

Zero-Sum Game

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

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Income statement

A summary of a company's income and expenses over a set period of time.

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