Year to Date (YTD)

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

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

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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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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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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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NYSE

The world's largest stock exchange. Wall St HQ.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Yield to maturity

What is yield to maturity and why is it useful?
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Yield

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

The percentage by which an investor outperforms a relevant benchmark.
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