Zero-Sum Game

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

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

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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Dividends

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

What is a gilt?
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Costs and Charges

The money you pay when investing.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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