Valores

Paraguay Wrote:
-------------------------------------------------------
> dhwit Wrote:
> --------------------------------------------------
> -----
> > 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).

Got it - misread the question. Thought it was worded as what percent represents the core.