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asset class
A category of investments, such as stocks, bonds, and cash.

E*TRADE's Online Advisor tool groups investments into the following asset classes: large cap stocks, small cap stocks, international stocks, fixed income securities (bonds), cash, and other investments. The Online Advisor may recommend one of the three online investment solutions designed to provide a suitable allocation into those asset classes using either ETFs or no-load, no-transaction-fee mutual funds, plus cash.
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