The term asset class refers to a broad category of
investments that share similar characteristics and are expected to behave similarly in the market. For example, property, shares, bonds, and cash are all asset classes.
Core Property defines asset classes as follows:
Listed investments: These are investments in ASX-listed securities, such as Australian real estate investment trusts (
A-REITs) and infrastructure securities.
Unlisted investments: These are investments in unlisted property funds, which can be either core, value add, or development funds.
Core Property's asset allocation strategy is to target a 50/50 split between listed and unlisted investments. This strategy is designed to provide investors with exposure to a diversified range of assets that are expected to generate stable long-term returns.