Which asset class is listed among traditional asset classes in the material?

• A. Real estate.
• B. Cryptocurrencies.
• C. Bonds.
• D. Private equity.

Answer: (C)

Traditional asset classes are those with a long investment history and straightforward valuation used in standard portfolios. In the material, bonds fit this description as the classic fixed‑income option. They provide regular interest income, return of principal at maturity, and they tend to move differently from stocks, helping to diversify risk and dampen overall portfolio volatility. Cryptocurrencies are newer digital assets with high volatility and no guaranteed cash flows, so they’re not considered traditional. Private equity involves investing in private companies with long holding periods and valuation complexities, making it an alternative asset. Real estate can be treated differently across frameworks, but in this material it isn’t listed as a traditional asset. So the asset class listed among traditional asset classes is bonds.