Year to Date (YTD)

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

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

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

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

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

A tax deduction made at the source of the payment.

We look at what is a depository and what role they play in keeping markets work.

Learn what's a collective investment scheme