Core and Satellite
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For those of you utilizing this strategy: how do you decide on satellites, and what is your core asset classes?
Core: I like Global Allocation Funds that focus on total return:
First Eagle Global
American Capital Income Builder
Blackrock Global Asset Alloc
Satellite:
Depends on client (conservative vs. aggressive, age, income needs, etc.)
You can choose your own core bonds funds.
I also use Loomis Strat Income for aggressive/non-cor. bond
Int’l Bonds - Templeton Global Bond
Small cap equity
alternative core fund (I like Ivy Asset Strategy)
US Govie Fund
Emerging Markets Fund (I like American New World because of it’s strategy, though not as aggressive as most pure EmMark funds)
This is not an exclusive list, but a quick list of what I include in many portfolios.