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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

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

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.

Global Investment Performance Standards (GIPS)

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

Capital

Learn what financial capital means

Withholding Tax

A tax deduction made at the source of the payment.

Compound interest

Understand what compound interest means and how it's calculated

Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Hedge Fund

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

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