An asset class is a similar group of securities or assets that share common characteristics Benchmark

The Board of the National Superannuation Fund. Bond

Generally taken to mean a very short-term investment earning interest from a highly rated bank. Commodities

An Arrangement or Product whose value derives from and is dependant on the value of an underlying asset such as a commodity, currency, or security. Derivatives can be used to manage risk, reduce cost, [..]

A term used to describe investments that generate income in the form of agreed interest payments over an agreed period of time. Growth Assets

A measure of performance of a collection of assets typically across a sector, country, region or style (e.g. Dow Jones, MSCI) Investment Direction

Means 60 years of age. Old Age Pension

The return on an investment after manager fees and taxes. Risk

A term typically used to describe an ownership interest in a company. Shares are also known as equities. SIPO