Investment Assets
Asset Class | Definition | Primary Objective | Seconday Objective |
---|---|---|---|
Cash | usually term deposits that mature in less than 90 days | Liquidity | Tactical Opportunities |
Fixed Interest | includes Government Securities, Corporate Bonds, Interest Bearing Deposits greater than 90 days. These can be held with the Bank of Papua New Guinea, Commercial Banks and other financial institutions | Income | Capital Stability |
Domestic Equities | shares listed on the Port Moresby Stock Exchange (POMSoX) | Capital growth | Income |
Dual listed (International Equities) | shares listed on POMSoX and other global stock exchanges (e.g. ASX, LSE) | Capital growth | Income |
Unlisted Equities | shares in companies that are not listed (otherwise known as private equity) | Capital growth | Income |
Property | otherwise known as Real Estate | Income | Capital growth (Inflation Protection) |