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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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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