One of the six asset classes. An Australian share represents part ownership in an Australian company.
Categorised as a growth asset, they offer a mix of capital growth and potentially tax effective income
via dividends with attached imputation credits. Australian shares can be expected to exhibit more
volatility than most other asset classes, however they also have the potential to deliver the highest
return. They are a long term investment (5yrs +). Shares can be accessed through either managed funds
or by direct purchases through the Australian Stock Exchange.