Welcome:

Glossary

Search Glossary

FTSE investment companies index: An index covering eligible UK investment trust companies. Often used as a measure of how the investment trust sector has performed as a whole.

FTSE all-share index: A broadly-based index covering hundreds of the largest UK industrial, commercial and financial companies, including some investment trusts. Commonly used as a benchmark against which performance of some investment trusts or sectors are measured.

FTSE 100 index: An index of the 100 largest UK companies - listed by market capitalisation - trading on the London Stock Exchange. Its constituents are reviewed quarterly.

FTSE 250 Index: The largest 250 companies listed on the London Stock Exchange, after those listed in the FTSE 100.

FTSE Small Cap Index: British index of the smallest companies by market capitalisation.

Fact find: A process undertaken by independent financial advisers (IFAs) to establish the financial position, investment goals and attitude to risk of their clients. A comprehensive fact find ensures that suitable financial advice is given.

Fair value pricing: This is the manager's best estimate of the value of one or more securities at the valuation point of the fund. Fair value pricing has the intention of producing a "fairer" dealing price where there is doubt over the validity of prices.

Financial Ombudsman Service (FOS): Customers who are unhappy with a financial services firm can make a complaint to the FOS who will investigate on their behalf. If the company no longer exists or has become insolvent you should contact the Financial Services Compensation Scheme (FSCS).

Financial Services Authority (FSA): The UK regulator for the financial services industry, which includes investment management companies, banks, building societies and insurers. The FSA has four statutory objectives; to maintain confidence in the UK financial system; to promote public understanding of the financial system; to secure the right degree of protection for consumers and to help reduce financial crime.

Financial Services and Markets Act 2000: The Act of Parliament which gave the Financial Services Authority regulatory powers including supervision of the scope of regulated activities, the control of financial promotion, and the authority to regulate, investigate and discipline the financial services industry.

Financial Services Compensation Scheme (FSCS): This scheme exists for claims against an authorised financial services company when it is unable to pay claims against it as it is insolvent or no longer trading. For companies still in business, claims must be taken to the Financial Ombudsman Service.

Financial Services Compensation Scheme (FSCS): This scheme exists for claims against an authorised financial services company when it is unable to pay claims against it as it is insolvent or no longer trading. For companies still in business, claims must be taken to the Financial Ombudsman Service.

Fixed Income: Assets whose income remains constant; otherwise known as bonds. It also covers bonds with a variable coupon (eg inflation-linked bonds).

Floating rate none: A bond whose interest rate varies with short-term rates. Also known as variable notes.

Forward pricing: This is the most common method of pricing authorised funds. Once the manager has received your instruction to buy or sell units, the price of those units will be determined at the next valuation point of the fund.

Free Standing Additional Voluntary Contribution (FSAVC) schemes: These permit people who are part of a company pension scheme to make additional contributions to a separate stand-alone scheme that can continue when you change employer.

Fund manager: Manages the trust/company in accordance with the stated objectives and decides which asset to hold in order to meet those objectives. In an OEIC the manager is referred to as the Authorised Corporate Director (ACD).

Fund of Funds: Fund of funds are designed to increase diversification by investing in other funds.

Fund supermarket: Companies which enable investors to buy, manage and sell their investments with different fund managers through a single account, usually online.

Futures: Agreement to buy or sell a fixed amount of a particular asset at a fixed future date and a fixed price.

The value of your investments and the income from them can go down as well as up. You may not get back the full amount you have invested.

Issued in the UK by Henderson Global Investors. Henderson Global Investors is the name under which Henderson Global Investors Limited (reg. no. 906355), Henderson Fund Management Limited (reg. no. 2607112), Henderson Investment Funds Limited (reg. no. 2678531), Henderson Investment Management Limited (reg. no. 1795354), Henderson Alternative Investment Advisor Limited (reg. no. 962757), Henderson Equity Partners Limited (reg. no.2606646), Gartmore Investment Limited (reg. no. 1508030), (each incorporated and registered in England and Wales with registered office at 201 Bishopsgate, London EC2M 3AE) are authorised and regulated by the Financial Conduct Authority to provide investment products and services. Telephone calls may be recorded and monitored.