Total Return

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

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

Total return encompasses dividends, capital gains, interest, and distributions realised. It should also deduct any fees and costs associated with holding the fund.

It is expressed as a percentage of the initial investment.

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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Junk Bond

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

The rules a company follows when preparing financial statements.
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Income statement

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

Income from an investment as a percentage of its current price.
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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.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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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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