Unit Trusts

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

Trading outside of a stock exchange's opening hours.

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

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

The official document a company publishes before selling shares to the public. Long, detailed, and worth a read.

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

The art of buying shares which trade below their value, according to the analysis of the value investor.

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.

The period after an IPO when insiders have to sit on their hands and can’t sell their shares.