Year to Date (YTD)

An exchange-traded fund that is comprised of a set of stocks.

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

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

A summary of a company's income and expenses over a set period of time.

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

The art of buying shares which trade below their value, according to the analysis of the value investor.

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

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

An investment trust specialised in investing in commercial property such as parking garages or GP offices.