Volatility

A measure of how much the prices of an asset or index vary over time.

A measure of how much the prices of an asset or index vary over time.

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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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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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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Key Information Document (KID)

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

Learn what a custodian bank is.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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