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Assets - an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
"growth in net assets" Commodities - a raw material or primary agricultural product that can be bought and sold, such as copper or coffee. "commodities such as copper and coffee" What are Commodities?Unlike brand name products, commodities are goods that have a universal price around the world. Gold, for example, has the same price per ounce in Brazil and Bombay, whereas the price of a toaster oven or even a T-shirt varies depending on the brand and the place in which it is sold.
Commodities are not strictly limited to so-called ‘pure’ elements like gold. A commodity can be refined from a raw element, as oil is refined from petroleum. A commodity can also be mined directly from the Earth, such as a metal, or it can also be an agricultural product, like eggs. In some cases, a commodity can be an abstract financial tool that is universal, such as the fluctuations in interest rates. |
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Because commodities can take so many different physical forms, the financial market classifies them as a group based on their universal value and how they are traded. However, commodities trading is not limited to simple exchanges. An entire set of complex trading rules, including speculation on so-called “futures,” keeps the market active.
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Additionally, the expansion of the category of commodities to include more abstract objects like interest rates is a relatively recent addition. Historically, commodities were based on ordinary, tangible goods that could be easily visualized by the layperson. The expansion into this new territory reflects the growth and ambition of the increasingly globally integrated financial markets. Because there are now more participants in the global markets, the desire for ‘new’ financial territory has encouraged the expansion of the commodities market.
Here at Exclusive Assets, our range of products and services have been carefully selected to suit the diverse demands of professional and personal life. We have dedicated teams to look after different groups of customers. However complex your requirement, our expert staff will be familiar with the issues that you face and can guide you to the best solution.
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