What is an asset?
In its simplest form, an ‘asset’ is something that you own, which can be sold or held with the intention of getting a return in the future.
Therefore, an ‘asset class’ is a group of assets that are similar to each other.
What can be in an asset class?
Asset classes can be all sorts of things, but the most common ones include shares, cash, bonds, alternatives, property, and infrastructure investments.
Each asset class has its own:
- Risk profile and
- Investment return characteristics.
For example, bonds are traditionally regarded as being lower-risk, with moderate returns.
What kind of investor am I?
To help you work out what type of investor you are, consider having a chat to a Statewide Super financial planner for personalised advice that’s tailored to your needs. Just call us on 1300 65 18 65 (Australia wide), 08 7915 4800 (NT) or book an appointment online.