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dhwit Wrote:
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> So, just to confirm... ehnahced index does or does
> not count towards the core? A is 40% (index only)
> and C is 60% (index and enhanced index).
You have the answer backwards. 40% is the satellite via 100-40-20 = 40. 60% is the core.
Pg 257. "The type of portfolio that Nakasone constructed in the previous section is referred to as a core-satellite portfolio. Specifically, 52% of the overall portfolio--THE INDEX AND SEMIACTIVE MANGERS--constitutes the core holding."
Core holding is active and semiactive(enhanced indexing). |
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