What is 'Unit Trusts'? | Freetrade Dictionary

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

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Costs and Charges

The money you pay when investing.

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

Year to Date (YTD)

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

Unicorn

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

NASDAQ

A US stock exchange specialising in the shares of technology companies.

Fixed Income

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

Investment Return

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

Total Return

This is the measurement of a fund’s performance in a specific period.

Unit Trusts