Investments Glossary

Alternative Investment Market
Created in June 1995as a subsidiary of the FTSE All-Share index, the Alternative Investment Market is also known as AIM. Often used by smaller and new companies to float as the entry rules are less onerous than a full stock exchange listing. AIM is attractive to investors as there are tax breaks available with investing in AIM listed companies. AIM listed companies carry higher risk as the shares are not as liquid as those on the FTSE All -Share index, so you may not always be able to sell when you want to.

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