What is a wallet?

A money wallet is a practical and stylish accessory designed to carry your cash, credit cards and IDs. Like a treasure guardian, it accompanies you on your daily trips, carefully guarding your belongings in complete safety.

In finance , a portfolio refers to all the financial assets held by an investor . It's like a set of pieces of a financial puzzle, with each piece representing a different investment, such as a stock, bond, or other financial instruments. The goal of any investor is to construct a diversified portfolio , that is, a varied assortment of assets , to reduce overall risk while aiming for optimal returns. Portfolio managers , such as asset management companies or fund managers , are responsible for wisely choosing which assets to include in a portfolio and managing them in a way that maximizes returns while minimizing volatility. A well-constructed portfolio is essential to achieving long-term financial goals and ensuring growth and preservation of invested capital.

A client portfolio in finance is the set of investments held by a client of a financial institution , such as a bank or an asset management company. This may include various financial products such as stocks , bonds, mutual funds , UCITS , SICAVs , real estate investments, derivatives, and other financial instruments. The primary goal of managing a client portfolio is to meet the client's specific financial needs and goals while maximizing returns and minimizing risks . Portfolio managers ensure investment diversification, active asset management, tax optimization and risk management, in order to offer their clients personalized and efficient management of their investments.

At the government level, a state portfolio refers to the different responsibilities and areas of action of a minister or an administration. Like a skilled architect, the government designs and manages its portfolios to meet the needs and challenges of society.