What is '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.

More terms

index-linked gilts

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.

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Beta

Learn what Beta stands for in finance.

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

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).

Withholding Tax

A tax deduction made at the source of the payment.

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

Bed & ISA

Understand what Bed and ISA is and how it works

Time-Weighted Rate of Return (TWRR)