Multimanager jargon buster for your clients

The four main asset classes are equities (shares), fixed interest (includes gilts and corporate bonds), property (both residential and commercial) and cash (including cash-type instruments such as Treasury notes etc). Bonds – generic name for fixed interest securities issued by governments (government bonds) or companies (corporate bonds). Bonds are a form of debt and generally pay the holder a pre-determined rate of interest each year and guarantee to repay their original (par) value at a specified date(s) in the future. Single premium life assurance policies are also referred to as bon...