Year to Date (YTD)

The annual interest payment (dividend) divided by the current market price of a bond.

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

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

The percentage by which an investor outperforms a relevant benchmark.

A situation in which a market or industry is controlled by a small group of companies.

A graphical representation of interest rates over time

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

A US stock exchange specialising in the shares of technology companies.

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