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Here you’ll find a simple explanation of some of the most commonly used investment terms. If there is any other financial jargon you want translated, please call our Customer Service Team free on 0800 597 2525 or email us at firstname.lastname@example.org and they will be pleased to help.
A quartile represents a quarter of the number of Funds in a sector. A Fund’s quartile position will depend on its performance compared with other Funds in its sector. For example a Fund which has done very well and beaten the sector average will appear in the top or second quartile. A Fund which has under-performed will appear in the third or fourth quartile.
A minimum number of people required to pass an extraordinary resolution.