Relations (1)

related 2.00 — strongly supporting 2 facts

Cash is explicitly categorized as an asset class in financial contexts, as evidenced by its representation through the ICE BofA U.S. 3-Month Treasury Bill index [1]. Furthermore, cash is identified as a fundamental asset class that investors can access through investment vehicles [2] and is a standard component within the portfolio mix of asset allocation funds [3].

Facts (2)

Sources
Six financial literacy principles - RBC Wealth Management rbcwealthmanagement.com RBC Wealth Management 1 fact
claimInvestment vehicles, such as mutual funds or ETFs, are financial products that enable investors to buy and sell underlying asset classes like cash, bonds, or stocks.
Mapping Asset Returns to Economic Regimes: A Practical Investor's ... insight.factset.com Ivan Vratzov · FactSet 1 fact
claimIn the FactSet article, asset classes are represented by widely used market indices; for example, International Developed Equity is represented by the MSCI ACWI ex USA index (FactSet ID: 899901), and Cash is represented by the ICE BofA U.S. 3-Month Treasury Bill index (FactSet ID: MLG0O1).