Bond maturity date: The date on which a bond ends and the issuer must repay the original amount loaned (capital) plus (if applicable) any final interest due. Until then, the bond may pay regular interest, depending on its terms.
Defensive investments: Assets or companies that are expected to be more resilient during weaker economic conditions. They often provide essential goods or services, such as utilities, healthcare or consumer staples.
Dividend yield: The income a company pays shareholders through dividends, shown as a percentage of its share price. A higher yield may indicate income potential, but can also reflect share price weakness.
Large caps: Shares in companies with a high market value. Large caps are usually established businesses with significant revenues, broad operations and greater analyst coverage than smaller companies.
Purchasing Managers’ Index (PMI): A survey of executives in sectors such as manufacturing and services that is commonly used as a measure of private sector health. A reading above 50 generally signals expansion compared to the previous month, while below 50 suggests contraction.
