W-8BEN Form

A company that pools money together from multiple investors and then invests it.

A tax deduction made at the source of the payment.

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

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

An investment that provides a fixed rate of return, often over a specific set of time.

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

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