Glossary

Not sure about the terminology? This is the place to find out what everything means.


Q

Quartile ranking

Categorises funds within a sector into four equal bands based on their performance over a specified period. Top or first quartile contains the top 25% of funds, through to the bottom or 4th quartile which contains the bottom 25% of funds.

Quoted price

Price at which the last sale and purchase of a particular share or commodity took place.