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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Venture Capital Trust (VCT)

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

A situation in which one person's gain is another's loss.
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Zero coupon bonds

What is a zero coupon bond?
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Spot Rate

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

The percentage by which an investor outperforms a relevant benchmark.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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Diversification

An investment strategy in which money is put into a variety assets.
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Professional Client

An investor that is able to meet several regulatory criteria.
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