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Unit Trusts

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

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

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.

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.

Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.

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.

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

S&P 500

Find out what is the definition of the S&P 500 index.

Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.

Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.

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