Asset Classes
Commodity
Definition
What is Commodity?
A standardised physical good such as gold, crude oilUnrefined petroleum traded in physical and derivatives markets., wheat, or cocoa.
Example in practice
How This Looks in Practice
A commodity fundA fund that gains exposure to commodities or commodity-related securities. may gain when gold prices rise.
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Related Terms
Asset Classes
Asset
Anything with economic value that can be owned or controlled.
Asset ClassesAsset Class
A group of investments with similar economic characteristics and market behaviour.
Asset ClassesCash
Money available immediately for spending, settlement, or investment.
Equity InvestingCommon Stock
A share that usually carries voting rights and a residual claim on a company's profits and assets.