Glossary entry

English term or phrase:

core satellite

Dutch translation:

core-satellite

Added to glossary by arjen
Jun 24, 2002 14:28
22 yrs ago
English term

core satellite

English to Dutch Bus/Financial Investment / Securities Investments
Tekst over beleggingsfondsen.

When selecting between third party funds, how important is the style of the fund? Some examples of fund style are: Growth, Value, Quantitative, Absolute return, Core Satellite, etc. (Please choose a number from 1 to 4 where 1= not important, 4= very important).

Proposed translations

+2
12 mins
Selected

core-satellite

Voor zover ik weet wordt dit begrip niet vertaald. Beschrijving hieronder:

Core/Satellite Portfolio Investment Style.

It follows, from the discussion of index vs stock picking investment, that portfolio investors have to make decisions about what style is for them. This is where the core/satellite design of growth portfolios arises.
Under this design a portion of the portfolio is put in lowest cost, index replicator funds while the rest is devoted to active management. How much in each is a choice the individual investor has to come to and it comes down to what your appetite for better-than-average returns is, much in the same way the gearing decision has to be reached.

Typically the more active investor will weigh more heavily into the satellite portion with a mix of active managers and perhaps direct stock investment - depending upon their own knowledge and the time they have for research. The passive style will appeal more to those with limited time for portfolio management. The cost of pursuit of an active style is research time, the cost of the latter is excluding the chance of above-average returns. Neither is more correct than the other, it is personal choice.

Peer comment(s):

agree Ann Bishop (X) : ... De toegepaste strategie heet "core satellite" . Core slaat op het kerndeel
11 mins
agree Chantal Henno
1 hr
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4 KudoZ points awarded for this answer. Comment: "Graded automatically based on peer agreement. KudoZ."
28 mins

core satellite

of ook wel core/satellite.

Wordt niet vertaald. Het is een techniek waarbij de hoofdmoot (de core of kern) van de portefeuille wordt belegd met dezelfde samenstelling als een bepaalde maatstaf-index.

De satellite (rand, mantel, satelliet, periferie) vertegenwoordigt gewoonlijk minder vermogen maar hiermee mag de fondsbeheerder doen wat hij wil in een poging het uiteindelijk beter te doen dan de maatstaf-index.
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