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Venture Capital Trust (VCT)

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

A listed company run by a fund manager, investing mainly in private companies.e.

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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Yield

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

A trading venue operated by the Frankfurt Stock Exchange.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Costs and Charges

The money you pay when investing.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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