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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.

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More terms

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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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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Bed & ISA

Understand what Bed and ISA is and how it works
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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