Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

More terms

Net Asset Value (NAV)

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

The rules a company follows when preparing financial statements.
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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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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Gilt

What is a gilt?
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Stock Exchange

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