For a Core-Satellite Portfolio, the typical document list includes:

 

1. Investment Policy Statement (IPS):

• A formal document outlining investment goals, risk tolerance, time horizon, and strategic allocation between the "core" and "satellite" investments.

 

2. Core-Satellite Allocation Plan:

• Detailed documentation of how the portfolio is divided between core holdings (typically low-cost, broad market index funds or ETFs) and satellite investments (higher-risk, active, or tactical investments aimed at generating excess returns).

 

3. Performance Reports:

• Regular performance reports tracking the returns of both the core and satellite components, including comparison against relevant benchmarks.

 

4. Rebalancing Strategy:

• A document describing the frequency and methodology for rebalancing the core and satellite portions of the portfolio to maintain the desired allocation.

 

5. Transaction History:

• Records of all buy and sell transactions within both core and satellite investments, including dates and amounts.

 

6. Risk Management Plan:

• A strategy outlining how risk is managed, particularly how the stability of the core portion is balanced against the higher risk of satellite investments.

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