JUNO DEFINITIONS - P
PIE: A portfolio investment entity is a company that invests the contributions of investors. More favourable tax rules apply to a PIE investment.
Prime property: Prime properties are in big commercial centres and have good transport, design, energy efficiency, and strong tenants.
Protectionism: Protectionism is where a country’s policies aim to restrict international trade, to protect it from foreign competition.
Photovoltaics: The term used to describe the conversion of light into electricity using semiconducting materials.
Portfolio: A group of financial assets held by an investor, sometimes managed by an adviser or broker.
Private equity: Investment in private companies that are not listed on a stock exchange.