Standard Asset

An asset that can be realised within 30 days and includes any of the following:

• bank account deposits
• cash
• cash funds
• exchange traded commodities
• government and local authority bonds and other fixed interest stocks
• investment notes (structured products)
• shares in investment trusts
• managed pension funds
• National Savings and Investment products
• permanent interest-bearing shares (PIBs)
• Physical gold bullion
• real estate investment trusts (REITs)
• securities admitted to trading on a regulated venue
• units in regulated collective investment schemes
• UK commercial property.