Barclays Stockbrokers Glossary
Glossary Q


Qualifying funds
These are classes of funds that the Fund Administration Fee will be applied to. There are three different categories:
1.    Clean share class funds
2.    Bundled share class funds where the investor has opted out of the conversion to clean share class. In this case, the fee will be applied from 1 November 2014
3.    Bundled share class funds purchased after 5 April 2014.

Quartile ranking
Categorises funds within a sector into 4 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.

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