By continuing to use this site you consent to the use of cookies on your device. Find out more about our cookie policy and the types of cookies we use by clicking here
Glossary

Asset classes

Broad investment categories that offer differing levels of risk and return, such as shares, bonds, property and cash. Shares tend to provide the best potential for capital growth but with relatively high levels of risk. Bonds offer income with a moderate degree of risk. Property offers capital growth but with the potential for illiquidity. Cash presents the lowest level of expected return but ensures liquidity and the safety of the original investment.