Glossary
Henderson Diversified Income | Investment Trusts |
- Valuation point
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The name given to the time of day that unit trusts or OEICs are valued and then priced.
- Venture capital
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The business of providing capital for, and making investments in, small and young companies. Such companies do not have a long trading history, have limited reserves, and are often regarded as high risk.
- Venture capital trusts (VCTs)
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Very similar in structure to an investment trust; VCTs are a form of closed-ended fund that offer very generous tax benefits to encourage investors to invest in venture capital.
- Volatility
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A statistical measure of the tendency of a market/share price to vary over time. Volatility is usually measured by the variance or standard deviation of the price and is said to be high if the price typically changes dramatically in a short period of time.