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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Yield

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

A place where shares of publicly listed companies are traded.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Dirty price

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

The money you pay when investing.
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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