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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

Yield to maturity (YTM)

What is yield to maturity and why is it useful?

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Securities

Bonds and stocks.

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

Investment Return

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

Net Asset Value (NAV)

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

Compound interest

Understand what compound interest means and how it's calculated

Clean price

The quoted price of a gilt, which excludes accrued interest

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