What is 'Unit Trusts'? | Freetrade Dictionary

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.

More terms

S&P 500

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

Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

Base rate

What's the base rate?

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

Wall Street

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

SPAC

Find our what a SPAc or special purpose acquisition company is.

Yield

Income from an investment as a percentage of its current price.

Yield curve

A graphical representation of interest rates over time

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