12
Oct

Benchmark

The performance of a basket of stocks or securities over a time horizon, against which the performance of an investment fund is compared against.

12
Oct

Bid / Offer Price

This is one of the pricing methods for Unit Trusts. Bid / Offer prices are two prices quoted for a unit trust. An investor can buy at the offer price and sell or redeem at the bid price. The Bid / Offer price multiplied by the total number of units gives you the redemption proceeds / buy amount respectively. The

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12
Oct

Bid Price

The price at which you can redeem your units.

12
Oct

Bond

A security issued by a company or a government which promises to give you a fixed sum at a future date in return for a regular, specified level of income until that maturity date.

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