Year to Date (YTD)

A street in New York that became a figure of speech for the financial markets of the US.

A mathematical test used to determine whether a claim is true or false.

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

A situation in which one person's gain is another's loss.

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).

The period after an IPO when insiders have to sit on their hands and can’t sell their shares.

The quoted price of a gilt, which excludes accrued interest

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

Find out what dividends are and how they can contribute to the growth of your investment portfolio.