/

Total Return

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.

‍

More terms

Zero coupon bonds

What is a zero coupon bond?

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

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

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Gilt

What is a gilt?

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

Clean price

The quoted price of a gilt, which excludes accrued interest

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.