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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.

More terms

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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Spot Rate

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

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Zero coupon bonds

What is a zero coupon bond?
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Accrued interest

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
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Net Asset Value (NAV)

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

Learn what financial capital means
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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