Equity assets refer to stocks or shares in a publicly traded company. These are investments that provide ownership interests in a business, and their value is determined by the performance of the underlying company. Equities can be classified into different categories based on various factors such as market capitalization, industry sector, geography, and other characteristics. Some common equity asset classes include large-cap stocks, small-cap stocks, growth stocks, value stocks, domestic stocks, international stocks, emerging markets stocks, and real estate investment trusts (REITs). Each of these categories has its own unique risk and return profile, and they can be used to build a diversified portfolio that meets an investor's specific goals and risk tolerance.